The Consumer Price Index (CPI) for food and food services in Vietnam decreased by 0.33 percent in November compared to October, according to Vietnam’s General Statistics Office. November’s CPI for this sector stood at 4.12 percent, down from October’s 4.45 percent, reflecting a cooling in price pressures within this critical category.
Food and food services play a central role in Vietnam’s economy, with the sector contributing significantly to household expenditure and national GDP. The country’s diverse agricultural base supports a wide range of food products, catering to both domestic consumption and export markets.
As one of Vietnam’s most essential industries, food and food services are closely linked to rural livelihoods and urban demand.
See also: Agriculture Industry in Vietnam