Vietnam’s consumer price index (CPI) rose 0.47% in August from the previous month, 3.57% from December 2025 and 4.89% year-on-year, according to a socio-economic data released by the National Statistics Office on September 3.
Of the 11 major groups of consumer goods and services, 10 recorded price increases, while only one group saw prices decline.
Transport posted the sharpest increase in August, rising 4.09% and contributing 0.41 percentage points to the overall CPI increase. The rise was mainly driven by higher fuel prices, with diesel prices increasing 22.15% and petrol prices rising 9.53% following several price adjustments during the month.
Food and catering services was the only category to record a decline, falling 0.03% and lowering the overall CPI by 0.01 percentage point.
For the first eight months of 2026, average CPI increased 4.45% from the same period last year. Housing, electricity, water, fuel and construction materials recorded the largest increase, at 6.71%, contributing 1.52 percentage points to overall CPI growth.
Food and catering services rose 4.76%, making the largest contribution of 1.70 percentage points, while transport prices increased 5.38%, contributing 0.54 percentage point.
Core inflation in August, which excludes highly volatile items, increased 0.11% month-on-month and 4.55% year-on-year. On average, core inflation rose 4.24% in the first eight months of 2026 compared with the same period last year.
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