Economics Update – Nov 2019 CPI
- Headline inflation jumped to +3.52% yoy in Nov (vs. +2.24% yoy in Oct).
- Pork price hike lifted food inflation to a record high in Nov.
- Price pressures remain muted on average, at 2.57% yoy in 9M19 vs. 3.59% in the same period last year.
- Including the impact of higher pork prices, we estimate headline inflation to tick up 3.2% in 2020F, which seems still controllable.
Please follow this link for the full report
You Might Be Interested
Economics Note
778
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
781
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
790
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…
VI
EN
JA
ZH
