Inflation Vietnam 2016

Average inflation: 2.7%

Current Inflation

Inflation is normal at 2.7%, around the ECB target.

Peak and Trough

The highest inflation was in December at 4.7%. The lowest inflation was in January at 0.8%.

Highest month
December: 4.7%
Lowest month
January: 0.8%
Difference
3.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 2.5%. The lowest price increase was in Food with an average of 2.4%.

Highest increase
Energy: 2.5%
Lowest increase
Food: 2.4%

Historical Context

Current inflation is 2.0% lower than the 5-year average of 4.7%.

5-year average
4.7%
10-year average
8.9%
All-time high (2008)
23%
All-time low (2015)
0.6%

Trend

Inflation shows a downward trend. Compared to 2015, inflation has fallen by +2.1 percentage point.

Change vs. previous year
+2.1 percentage points
Largest monthly swing
November: +4.2 percentage points

ECB Target

Inflation is 0.7% 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 €102.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2016

Inflation by category

Food
2.4%
-0.3vs avg.
More details →
Energy
2.5%
-0.2vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2015
January 0.8% -0.1
February 1.3% +1.0
March 1.7% +0.8
April 1.9% +0.9
May 2.3% +1.3
June 2.4% +1.4
July 2.4% +1.5
August 2.6% +2.0
September 3.3% +3.3
October 4.1% +4.1
November 4.5% +4.2
December 4.7% +4.1
Average 2.7%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also