FX.co ★ Vietnam Inflation Rate Rises to 4-Month High

The inflation rate in Vietnam reached 3.24% in May 2025, marking the highest level in four months, up from 3.12% in April. There was a noticeable acceleration in price hikes for textiles, footwear, and hats (1.14% compared to 1.09% in April), housing and construction materials (rising to 6.10% from 5.73%), pharmaceuticals and medical services (increasing to 13.58% from 13.56%), as well as other goods and services (growing to 6.64% from 6.40%). On the other hand, inflation for food and non-alcoholic beverages decelerated (3.72% down from 4.09%), while transportation costs continued their decline (-5.66% compared to -6.89%). Meanwhile, core inflation, which strips out volatile items, increased to 3.33% from 3.14%, the highest level witnessed since October 2023. On a month-to-month basis, consumer prices experienced a 0.16% rise, following a 0.07% uptick in April.