Vietnam’s consumer price index (CPI) rose 5.46 percent year on year in April 2026, marking a sharp increase in headline inflation, according to the latest release from the National Statistics Office (NSO).
The rise was driven primarily by higher fuel costs, alongside increases in dining, housing, and construction materials prices, the NSO said.
It also notes that housing, electricity, water, fuel, and construction materials recorded the largest year-on-year increase at 6.25 percent in the first four months, reflecting the impact of higher global energy prices feeding into domestic costs.
Food and catering services rose 4.71 percent year on year, supported by increases in both food prices and eating-out costs, while other goods and services increased 3.89 percent.
Transportation costs rose 3.48 percent year on year despite some month-on-month volatility in fuel prices, while education increased 3.25 percent and beverages and tobacco rose 3.15 percent.
Lower inflation was recorded in household goods and appliances at 2.38 percent, culture, entertainment, and tourism at 2.05 percent, and clothing and footwear at 1.79 percent, while information and communication prices declined 0.09 percent over the period.
The data points to continued inflationary pressure concentrated in essential goods and services, particularly energy-linked categories and consumer-facing sectors sensitive to input and logistics costs.