Vietnam: Inflation edges down in November
Latest reading: Inflation inched down to 2.8% in November (October: 2.9%), remaining below the government’s inflation target range of 4.0–4.5% for the fourth consecutive month and surprising markets on the downside. Looking at the details of the release, reduced price pressures for food outweighed rising inflation for housing and utilities.
Annual average inflation remained at October’s 3.7% in November.
Lastly, consumer prices rose 0.13% in November over the previous month, below October’s 0.33% increase. November’s result marked the weakest reading since August.