Vietnam’s consumer price index (CPI) in June 2025 rose 0.48 percent from May, largely driven by higher housing material costs and fuel prices, according to the National Statistics Office→view source.
Compared to December 2024, CPI was up 2.02 percent, and up 3.57 percent year-on-year.
Average CPI for the second quarter climbed 3.31 percent year-on-year, with core inflation for the first half of 2025 at 3.16 percent.
Main drivers:
- Housing, electricity, water, fuel and construction materials: Up 1.42 percent, mainly due to higher costs of bricks, sand, and stone, rising rental prices, and a 5 percent increase in electricity prices amid peak summer demand.
- Transport: Up 1.66 percent, led by a 5.37 percent rise in diesel prices and 4.12 percent increase in petrol. Railway fares also rose sharply.
- Culture, entertainment and tourism: Up 0.27 percent, supported by strong domestic tourism demand.
- Beverages and tobacco: Up 0.20 percent, as higher temperatures spurred demand for drinks and production costs rose.
- Household appliances and equipment: Up 0.13 percent, with notable increases in air conditioners and related repairs.
- Garments, hats, footwear: Up 0.10 percent, driven by seasonal demand.
- Other goods and services: Up 0.09 percent, though jewellery prices fell 1.34 percent, tracking domestic gold.
- Food and beverage services: Up 0.06 percent, with food at home slightly down but eating out higher.
- Medical services and education: Up 0.02 and 0.01 percent respectively.