Inflation Vietnam 2003
Average inflation: 3.2%
Current Inflation
Inflation is high at 3.2%, well above the ECB target.
Peak and Trough
The highest inflation was in March at 4.0%. The lowest inflation was in October at 2.2%.
- Highest month
- March: 4.0%
- Lowest month
- October: 2.2%
- Difference
- 1.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 8.1%. The lowest price increase was in Food with an average of 2.5%.
- Highest increase
- Energy: 8.1%
- Lowest increase
- Food: 2.5%
Historical Context
Current inflation is around the 5-year average of 3.6%. This approaches the lowest level since records began (3.2% in 2003).
- 5-year average
- 3.6%
- 10-year average
- 3.6%
- All-time high (2002)
- 4%
- All-time low (2003)
- 3.2%
Trend
Inflation shows a downward trend. Compared to 2002, inflation has fallen by +0.8 percentage point.
- Change vs. previous year
- -0.8 percentage points
- Largest monthly swing
- December: -1.0 percentage points
ECB Target
Inflation is 1.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | 3.8% | - |
| February | 3.8% | - |
| March | 4.0% | - |
| April | 4.0% | - |
| May | 3.6% | - |
| June | 3.2% | - |
| July | 3.0% | - |
| August | 2.8% | - |
| September | 2.7% | - |
| October | 2.2% | - |
| November | 2.5% | - |
| December | 3.0% | -1.0 |
| Average | 3.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.