Topic: CPI

CPI increase mainly attributed to higher prices of food and foodstuff.

Rising prices for pork and household electricty the main contributors.

As economic storms rage worldwide, Vietnam's Deputy PM Le Minh Khai marshals forces to monitor price swings and deploy flexible strategies to rein in inflation within the 4-4.5% target for 2024.

The recent surge in domestic gasoline prices, propelled by global fuel market trends, has emerged as the primary catalyst behind the uptick in Vietnam's Consumer Price Index (CPI) for April 2024.

Increase fueled by high consumer demand during the Lunar New Year holiday.

Increase partly attributable to higher prices for medical services and medicine.

Rate attributed to increases in higher education, housing, and food prices.

Core inflation up 4.27% year-on-year in first eleven months.

Core inflation put at 4.38% in the period.

Forecast based on targeted inflation rate of 4.5%.