Inflation Vietnam 2022
Average inflation: 3.1%
Current Inflation
Inflation is high at 3.1%, well above the ECB target.
Peak and Trough
The highest inflation was in December at 4.5%. The lowest inflation was in February at 1.4%.
- Highest month
- December: 4.5%
- Lowest month
- February: 1.4%
- Difference
- 3.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 3.1%. The lowest price increase was in Food with an average of 2.6%.
- Highest increase
- Energy: 3.1%
- Lowest increase
- Food: 2.6%
Historical Context
Current inflation is around the 5-year average of 2.9%.
- 5-year average
- 2.9%
- 10-year average
- 3.2%
- All-time high (2008)
- 23%
- All-time low (2015)
- 0.6%
Trend
Inflation has remained relatively stable. Compared to 2021, the difference is minimal (+1.3 percentage point).
- Change vs. previous year
- +1.3 percentage points
- Largest monthly swing
- January: +2.9 percentage points
ECB Target
Inflation is 1.1% 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 €103.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 1.9% | +2.9 |
| February | 1.4% | +0.7 |
| March | 2.4% | +1.2 |
| April | 2.6% | -0.1 |
| May | 2.9% | 0.0 |
| June | 3.4% | +1.0 |
| July | 3.1% | +0.5 |
| August | 2.9% | +0.1 |
| September | 3.9% | +1.8 |
| October | 4.3% | +2.5 |
| November | 4.4% | +2.3 |
| December | 4.5% | +2.7 |
| Average | 3.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.