Economics Update – Inflation to tick-up but stay manageable
- Decreasing pork prices could temper the pace of food price inflation.
- The hike in electricity prices by 8.3% in Mar 2019 could add 0.3% to headline inflation, according to our estimates.
- CPI should stay manageable as the government administered price hikes are offset by anticipated food inflation price moderation.
Please follow this link for the full report
You Might Be Interested
Economics Note
358
Vietnam’s 2Q23 GDP rose 4.1% yoy, a slight improvement from 3.3% yoy growth in 1Q23. We forecast Vietnam’s GDP to increase 7.1% yoy in 2H23, thus lifting 2023 full-year growth rate to 5.5% you. The implementation of fiscal expansion policy…
Economics Note
356
Implemented FDI increased by 3.3% yoy to reach US$1.6bn in Apr 2023 while registered capital surged by 80.5% yoy to US$3.4bn. Vietnam’s CPI cooled down to 2.8% yoy in Apr, the lowest level in 1 year We maintain our GDP…
Economics Note
369
The Fed raised its target range for the Federal Funds rate to between 5% and 5.25% and hinted that the current tightening cycle is at an end. The State bank of Vietnam (SBV) announced to buy US$6bn in foreign exchange…