Vietnam’s Consumer Price Index (CPI) increased 3.31% in 2025, as targeted by the National Assembly, according to the National Statistics Office (NSO).
The December’s CPI rose 3.48% year-on-year and the average CPI for the fourth quarter of 2025 jumped 3.44% year-on-year.
Food and catering services prices gained 3.27%, adding 1.17 percentage points to the overall CPI.
Housing, electricity, water, fuel and construction materials jumped 6.08%, contributing 1.38 percentage points, due to higher rents and repair costs. Residential electricity prices rose 7.2%, reflecting demand growth and adjustments by EVN on October 11, 2024, and May 10, 2025. Medicine and health services surged 13.07%, adding 0.61 percentage point, after the Health Ministry's October 17, 2024 circular triggered fee hikes. Education costs moved up 2.15%, contributing 0.13 percentage point, as some universities and private schools raised tuition. Household goods rose 1.66%, adding percentage 0.09 point, while other services gained 4.78%, contributing percentage 0.17 point.
The NSO also reported that core inflation rose 0.23% monthly in December and 3.27% year-on-year. Full-year core inflation averaged 3.21%, below the headline 3.31%, as it strips out major drivers like food, electricity, healthcare and education.
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