Vietnam Nov. annual CPI lowest in 5 months

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In Vietnam, a mixed picture for consumer prices. Annual inflation in November fell below 20 percent for the first time in five months, but monthly inflation quickened slightly, on the back of higher food prices.

The October 15th to November 15th annual rate came in at just a shade under 20 percent, 19.8 percent, the lowest level since June. However, month on month, it quickened by 38 basis points, faster than the monthly increase of 36 basis points between September and October.

Food prices show no signs of slowing. They jumped in November by nearly 23 percent year on year. In month on month terms, it was more than double the monthly growth between last month and September.

Vietnams central bank forecasts that inflation could hit 19 percent for the year, slightly above government estimates.

Editor:Zhang Rui |Source: CNTV.CN



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