November CPI rises 0.45% driven by storm-induced food costs

The Consumer Price Index (CPI) for November 2025 increased by 0.45% compared to the previous month, primarily due to a significant rise in food prices in provinces and cities directly affected by post-storm floods, according to a report released on December 6 by the General Statistics Office of Vietnam.

Additionally, dining out costs rose due to increased input material costs and fuel prices. On average, the CPI for the first 11 months of 2025 increased by 3.29% compared to the same period last year.

In the 0.45% increase of the CPI for November compared to the previous month, nine groups of goods and services saw price increases, while two groups experienced price decreases.

The nine groups with increased prices include transportation, which rose by 1.07%, contributing 0.11 percentage points to the overall CPI increase. Within this group, diesel prices increased by 5.23%, and gasoline prices rose by 2.41% due to domestic fuel price adjustments.

Additionally, motorcycle prices increased by 0.03%, and automobile parts rose by 0.29%. Passenger transport by air increased by 3.61%, and combined passenger transport rose by 0.57% due to increased travel demand.

The food and dining services group increased by 0.95%, contributing 0.34 percentage points to the overall CPI increase. Within this group, food prices rose by 1.33%, contributing 0.3 percentage points to the overall CPI increase; dining out increased by 0.34%, and foodstuffs rose by 0.30%.

Other goods and services increased by 0.30%, mainly in items such as jewelry, which rose by 3.22% in line with global gold prices; non-electric personal tools increased by 0.04%; personal care items and watch/jewelry repairs both increased by 0.19%; funeral and wedding services rose by 0.22%; personal care services increased by 0.47%; and hairdressing services rose by 0.79%.

The report reveals that core inflation in November increased by 0.23% compared to the previous month and by 3.28% compared to the same period last year. On average, core inflation for the first 11 months of 2025 increased by 3.21% compared to the same period last year, lower than the 3.29% increase of the overall average CPI.

The main reasons for this include the prices of food, electricity, healthcare services, and education services, which impact the CPI but are excluded from the core inflation calculation.