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Vietnam faces challenges to keep inflation under target: Experts


Wednesday, 10:12, 12/05/2021
While the expansion of the consumer price index (CPI), seen as a gauge for inflation, remained under control, growing prices of input materials and heating up economic activities are factors that could increase inflationary pressure on the remaining months of the year.
In April, Vietnam’s CPI declined by 0.04% against last month but rose by 1.27% compared to late 2020. This put the average CPI growth in the first four months by 0.89%, the lowest growth rate since 2016, while core inflation in the January – April period increased by 0.74%.
Economist Nguyen Tri Long noted the CPI growth since early 2021 came as a result of ongoing government’s management policy. ....

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