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Vietnam considers price adjustment under stable inflation

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With inflation under control, Vietnam may consider adjusting prices of state-managed goods and services in the remaining months of this year, local media reported on Tuesday.

The country’s Ministry of Finance predicted the consumer price index (CPI) this year at 3.2 to 3.7 percent, and the State Bank of Vietnam at 3.7 percent (plus or minus 0.5 percent), Vietnam News reported.

From January to July, the CPI rose 3.12 percent over the same period last year, and core inflation by 4.65 percent. CPI is on a downward trend from 4.89 percent in January to 2 percent in June and 2.06 percent in July, the newspaper said, citing official data.—Xinhua

 

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