Vietnam CPI / Inflation Rate YoY YTD
Prices · Monthly series · VNIRYY
Latest, October 2026
4.6%
+0.06pp from September 2026
Recent history
| Period | Value |
|---|---|
| October 2026 | 4.6% |
| September 2026 | 4.5% |
| August 2026 | 4.5% |
| July 2026 | 4.4% |
| June 2026 | 4.4% |
| May 2026 | 4.3% |
| April 2026 | 4.0% |
| March 2026 | 3.5% |
| February 2026 | 2.9% |
| January 2026 | 2.5% |
| December 2025 | 3.3% |
| November 2025 | 3.3% |
| October 2025 | 3.3% |
| September 2025 | 3.3% |
| August 2025 | 3.3% |
| July 2025 | 3.3% |
| June 2025 | 3.3% |
| May 2025 | 3.2% |
| April 2025 | 3.2% |
| March 2025 | 3.2% |
| February 2025 | 3.3% |
| January 2025 | 3.6% |
| December 2024 | 3.6% |
| November 2024 | 3.7% |
Forecast
Forecast for October 2027: 4.4%, with an 80% interval of 1.8% to 7.5%.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| November 2026 | 4.7% | 4.2% | 5.1% |
| December 2026 | 4.6% | 3.7% | 5.6% |
| January 2027 | 4.2% | 2.5% | 5.8% |
| February 2027 | 4.2% | 1.9% | 6.4% |
| March 2027 | 4.2% | 1.8% | 6.7% |
| April 2027 | 4.3% | 1.7% | 6.8% |
| May 2027 | 4.3% | 1.7% | 6.9% |
| June 2027 | 4.3% | 1.8% | 7.1% |
| July 2027 | 4.3% | 1.7% | 7.2% |
| August 2027 | 4.4% | 1.7% | 7.3% |
| September 2027 | 4.4% | 1.8% | 7.3% |
| October 2027 | 4.4% | 1.8% | 7.5% |
Accuracy: Beats no-change, won 9 of 12 test years. Its errors were 0.86 times those of a no-change forecast (MASE). The 80% band held 80% of outcomes. No-change is a forecast that keeps the latest value.
Commentary
CPI YoY YTD to rise to 4.65% in Nov 2026, then ease to 4.24% by Jan 2027.
Trajectory: 4.32% (May) → 4.58% (Oct), forecast 4.65% (Nov), driven by fuel-price pass-through and tuition fee hikes.
Trajectory: 4.62% (Dec forecast) → 4.24% (Jan), reflects SBV guidance to cut bank rates to support growth.
Trajectory: 4.24% (Jan) → 4.41% (Oct 2027), sustained by FDI-led electronics exports (Samsung, Foxconn) and import-driven input costs.
Source
Data: ECONOMICS feed via TradingView.
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