Retailers ramp up inventories for upcoming New Year holidays despite cautious consumer spending
Consumers have been cautious with their spending since Typhoon Yagi in September and given the prevailing economic headwinds.
August CPI at 0.88%
Higher domestic prices for gasoline, rice, and housing pushed up the August CPI against July.
Import prices to rise
The price of many types of raw materials, fuel, and materials will continue to be high over the closing months of the year, pushing up the price of imports coming into Vietnam.