Vietnam’s CPI hits five-year March high on fuel price surge
CPI increasing 1.23% from the previous month, driven by surging global fuel prices and higher construction material costs.
Strongest rise in selling prices for almost 15 years as war in Middle East leads to steep cost inflation
A report from S&P Global noting that intensifying price pressures acted to limit demand, and rates of growth in both new orders and output slowed as a result.
CPI up 0.7% in March
Gasoline prices rose in line with world oil prices, rental prices increased again, and consumer goods and services prices both increased in the first quarter of 2022. According to data released by the General Statistics Office on March 29, the CPI increased 0.7 per cent in March compared to February and 2.41 per cent year-on-year. It increased 1.92 per cent year-on-year in the first quarter.