Vietnam’s CPI rises slightly in August

Higher house rental costs and dining-out expenses were the main drivers of the increase.

Vietnam’s consumer price index (CPI) in August rose 0.05% month-on-month and 2.18% compared to December 2024, according to the National Statistics Office (NSO).

On a year-on-year basis, the CPI increased 3.24%.

Higher house rental costs and dining-out expenses were the main drivers of the increase.

Among the 11 major commodity groups, prices rose in eight categories and declined in three. The group of housing, water, electricity, fuel, and construction materials recorded the sharpest rise, up 0.21%.

Core inflation in August increased 0.19% month-on-month and 3.25% year-on-year. The eight-month core inflation stood at 3.19%, slightly lower than the overall CPI due to the exclusion of volatile items such as food, energy, health care, and education.