A supermarket in Can Tho City. CPI increased by 3.29 per cent in the first 11 months of this year.
Vietnam’s consumer price index rose 0.45 per cent in November from the previous month, driven mainly by domestic fuel price adjustments and food supply disruptions in disaster-hit areas, the National Statistics Office said on December 6.
The index increased 3.28 per cent from December 2024 and 3.58 per cent year on year, but officials said the November rise does not significantly affect the average CPI used to gauge inflation.
For the first 11 months of 2025, CPI grew 3.29 per cent, keeping full-year inflation on track to remain below 4 per cent, in line with the target set by the National Assembly and pursued by the Government.
According to the office, upward price pressure was concentrated in transportation and food, catering services, reflecting higher input costs and unfavourable weather. Other groups posted slight gains due to global gold prices, year-end shopping and labour costs, but the increases remained modest.
Several essential goods groups recorded declines as demand for electricity and water eased with seasonal weather changes and global gas prices cooled.
Nine groups of goods and services saw price rises in November, while two declined. Transportation saw the sharpest increase at 1.07 per cent, adding 0.11 percentage points to the overall CPI. Food and catering services rose 0.95 per cent, contributing 0.34 percentage points.
Prices of other goods and services increased 0.3 per cent; household appliances and equipment 0.17 per cent; clothing, headwear and footwear 0.12 per cent; beverages and tobacco 0.10 per cent; medicines and healthcare services 0.06 per cent; education 0.05 per cent; and culture, entertainment and tourism 0.01 per cent.
Information and communications fell 0.06 per cent, while housing, electricity, water, fuel and construction materials decreased 0.10 per cent.
Domestic gold prices in November rose 1.9 per cent month on month, up 64.4 per cent year on year and 66.74 per cent from December 2024. Average gold prices for January to November increased 45.77 per cent year on year.
The domestic US dollar price index slipped 0.11 per cent in November, but rose 3.6 per cent year on year and 3.51 per cent from December 2024. It increased 3.94 per cent in the first 11 months.
Core inflation rose 0.23 per cent from October and 3.28 per cent year on year. For January to November, core inflation increased 3.21 per cent, lower than the 3.29 per cent growth of the overall CPI, as food, groceries, household electricity, healthcare and education services are excluded from the core basket.
