The Consumer Price Index (CPI) for household equipment and appliances rose by 0.08 percent in November compared to October, reaching 1.41 percent, according to Vietnam’s General Statistics Office. This reflects a continued upward trend, with October’s CPI recorded at 1.33 percent.
Throughout 2024, the sector has experienced stable, gradual growth. September’s CPI stood at 1.17 percent, while mid-year figures remained consistent, with 1.14 percent in August and 1.15 percent in July. The steady increase highlights consistent consumer demand for household goods and appliances.
This sector is vital to Vietnam’s domestic market, reflecting broader economic stability and consumer purchasing power. CPI trends in household equipment and appliances are essential indicators of retail sector performance and overall market dynamics.
See also: Electronics Manufacturing in Vietnam