The General Statistics Office of Vietnam has just announced that the consumer price index in October this year has the same increase of 0.09 percent compared to the previous month and December last year, the lowest level in the period from 2016 to 2020.
Despite the disruption of supply chains, Vietnam's gross domestic product (GDP) still rose by 3.68 percent in the first quarter. In the second quarter, the economy nosedived with the growth rate merely at 0.39 percent. In the third quarter, GDP growth recovered to 2.62 percent, sending the three-quarter growth rate to 2.12 percent.
The consumer price index (CPI) in June this year edged up 0.66 percent compared to the previous month, the highest level of June in the period from 2016 to 2020, but still dropped by 0.59 percent compared to that in December last year.
2019 is the second consecutive year that the economic growth of Vietnam was above 7 percent since 2011. Particularly, the gross domestic product (GDP) of Vietnam grew 7.02 percent while the consumer price index (CPI) merely rose 2.79 percent.
Figures released by the General Statistics Office of Vietnam on July 29 showed that consumer price index (CPI) in July edged up by 0.18 percent compared to the previous month.
The General Statistics Office of Vietnam recently announced that consumer price index (CPI) in May rose 0.49 percent compared to the previous month due to a sharp increase in fuel and power prices.
The General Statistics Office of Vietnam on April 29 announced that consumer price index (CPI) in April this year climbed by 0.31 percent over the previous month and 1 percent from December last year.
Despite complicated changes in the world situation, Vietnam has shown strong performance in stabilizing prices and reining in inflation, keeping the average at only 3.57 percent in the first nine months over 2017.
