Inflation Vietnam 2019

Average inflation: 2.8%

Current Inflation

Inflation is normal at 2.8%, around the ECB target.

Peak and Trough

The highest inflation was in December at 5.2%. The lowest inflation was in September at 2.0%.

Highest month
December: 5.2%
Lowest month
September: 2.0%
Difference
3.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 4.1%. The lowest price increase was in Energy with an average of 3.0%.

Highest increase
Food: 4.1%
Lowest increase
Energy: 3.0%

Historical Context

Current inflation is around the 5-year average of 2.6%.

5-year average
2.6%
10-year average
6.1%
All-time high (2008)
23%
All-time low (2015)
0.6%

Trend

Inflation has remained relatively stable. Compared to 2018, the difference is minimal (-0.8 percentage point).

Change vs. previous year
-0.8 percentage points
Largest monthly swing
June: -2.5 percentage points

ECB Target

Inflation is 0.8% 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 €102.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2019

Inflation by category

Food
4.1%
+1.3vs avg.
More details →
Energy
3.0%
+0.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2018
January 2.6% 0.0
February 2.6% -0.6
March 2.7% 0.0
April 2.9% +0.2
May 2.9% -1.0
June 2.2% -2.5
July 2.4% -2.1
August 2.3% -1.7
September 2.0% -2.0
October 2.2% -1.7
November 3.5% 0.0
December 5.2% +2.2
Average 2.8%

Data source

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

See also