Explore the latest inflation trends in Vietnam for April, including overall CPI increases, specific sectoral price dynamics, and comparative inflation trends.
Vietnam's consumer price index (CPI) rose by 0.07% MoM and 4.4% YoY in April, primarily driven by a surge in petroleum prices, according to the general statistics office.
Prices of garments, headwear, and footwear experienced a 0.12% MoM increase in April, contributing to the overall inflationary trend.
Core inflation in April escalated by 0.17% MoM and 2.79% YoY, indicating broader price pressures across various sectors of the economy.
Among the 11 main groups of consumer goods and services, eight observed price hikes compared to the previous month, while three witnessed a decline.
January-April core inflation averaged at 2.81% YoY, lower than the CPI average of 3.93% over the same period, reflecting variations in inflationary pressures across different sectors.
Know the details of Vietnam's April inflation report to understand the factors driving price movements and their implications for the economy.
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