Latest reading: Consumer prices in Lima were up 1.7% on a year-on-year basis in January, following a 1.5% increase in...
Inflation in Vietnam
Consumer price inflation in Vietnam averaged 2.9% in the ten years to 2024, in line with the ASEAN regional average of 3.0%. The 2024 average figure was 3.6%. For more information on inflation, visit our dedicated page.
Vietnam Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Vietnam from 2014 to 2025.
Source: Macrobond.
Vietnam Inflation Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 3.2 | 1.8 | 3.2 | 3.3 | 3.6 |
| Inflation (CPI, ann. var. %, eop) | 0.2 | 1.8 | 4.5 | 3.6 | 2.9 |
| Inflation (PPI, ann. var. %, aop) | -0.6 | 2.9 | 4.2 | -0.9 | 0.6 |
Inflation eases in December from November
Latest reading: Consumer prices increased 3.5% in annual terms in December, following a 3.6% rise in the previous month. Relative to the prior month's figures, there were milder price pressures for transportation (-2.3% on a year-on-year basis vs -0.7% in November), education (+9.7% vs +9.9% in November) and housing and construction materials (+4.0% vs +4.5% in November). In contrast, price pressures were higher for food in December (+4.8% vs +3.5% in November). Lastly, consumer prices rose 0.19% in December on a month-on-month basis, following a 0.45% increase in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Vietnamese inflation projections for the next ten years from a panel of 29 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Vietnamese inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Vietnamese inflation projections.
Want to get access to the full dataset of Vietnamese inflation forecasts? Send an email to info@focus-economics.com.
Latest Global Inflation News
-
Peru: Inflation picks up in January from December -
Turkey: Inflation slows in January from December Latest reading: Consumer prices were up 30.7% on a year-on-year basis in January, following a 30.9% rise in the previous... -
Australia: Inflation picks up in December from November Latest reading: Consumer prices increased 3.7% on a year-on-year basis in December, following a 3.5% increase in the prior month... -
New Zealand: Inflation ticks up in Q4 Latest reading: New Zealand’s inflationary pressures strengthened toward the end of 2025, with the annual CPI rising to 3.1% in... -
Japan: Inflation eases to lowest since March 2022 in December Latest reading: Consumer prices were up 2.1% on a year-on-year basis in December, following a 2.9% rise in the prior... -
Croatia: Inflation ebbs in December from prior month Latest reading: Harmonized consumer prices rose 3.8% in annual terms in December, following a 4.3% increase in the prior month.... -
Hong Kong: Inflation rises in December from the prior month Latest reading: Consumer prices were up 1.5% on a year-on-year basis in December, following a 1.2% rise in the previous...