The average consumer price index for 2019 increased by only 2.79%Tuesday, January 28,2020
AsemconnectVietnam - Vietnam’s inflation was curbed at a low level, the average consumer price index (CPI) for 2019 increased by only 2.79%, this is the lowest increase in the past 3 years%), according to statistics from the General Department of Vietnam Customs.
Generally for the fourth quarter of 2019, CPI grew by 2.01% from the previous quarter and by 3.66% over the fourth quarter of 2018. The average CPI for 2019 went up by 2.79% compared to that for 2018, below the goal set by the National Assembly, which is also the lowest annual average increase in the past 3 years.
Generally for the whole year 2019, PPI for agriculture, forestry and fishery witnessed a rise of 1.31% compared to that in 2018, PPI for industry gained an 1.25% increase, PPI for services grew by 2.94%.
Generally for the whole year 2019, merchandize export price index saw a rise of 3.01% from 2018, merchandize import price index recorded a 0.59% growt, merchandize term of trade jumped up by 2.41%.
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