Consumer prices in Vietnam rose moderately in July, with the Consumer Price Index (CPI) increasing 0.11 percent from June, according to the latest data from Vietnam’s National Statistics Office→view source.
The increase was driven by higher prices for food, housing materials, electricity, and dining out.
On a year-on-year basis, CPI rose 3.19 percent, bringing the year-to-date average increase to 3.26 percent.
Key details:
- Monthly CPI change (July): +0.11 percent
- Year-on-year CPI (July): +3.19 percent
- YTD average CPI (Jan–Jul): +3.26 percent
- Core inflation (Jan–Jul): +3.18 percent
Groups with rising prices:
- Housing and utilities: +0.36 percent. Driven by a 1.96 percent rise in building materials and 1.82 percent rise in electricity prices.
- Food and catering: +0.18 percent. Eating out rose 0.39 percent, though raw food prices fell.
- Beverages and tobacco: +0.25 percent. Energy drinks and beer recorded small increases.
- Culture, entertainment and tourism: +0.20 percent. Package tours, books, and TV/internet services rose.
- Household goods: +0.10 percent. Insecticides, batteries, and soaps led the rise.
- Garments and footwear: +0.06 percent. Increases seen in fabrics, ready-made clothes, and hats.
- Medical products: +0.03 percent. Import-related inflation impacted drug prices.
- Education: +0.01 percent. Slight rise in stationery costs.
Groups with falling prices:
- Post and telecommunications: -0.15 percent. Smartphone and tablet prices dropped 0.71 percent.
- Transport: -0.48 percent. Gasoline down 1.50 percent. New and used car prices also dropped slightly. Air and rail transport costs rose, but not enough to offset fuel declines.
Core inflation trends:
- July (MoM): +0.21 percent
- July (YoY): +3.3 percent
- YTD average core inflation: +3.18 percent
See also: Vietnam’s H1:2025 GDP Growth: Key Drivers, Rising Risks