China’s rising inflation could prompt RRR cut
Sep 10, 2012
Vietnam’s headline inflation reaches three-year low
Vietnam's normally very volatile CPI inflation is showing positive signs of dampening and cooling off. Core inflation did increase, indicating domestic demand is starting to pick up but economic data is indicating otherwise.
What: Vietnam’s CPI inflation numbers fell to 5.04% year-on-year in August from 5.35% in July, higher than many analyst expectations. Despite monthly inflation rebounding to 0.6% month-on-month from 0.3% decrease in the previous two months, more importantly year-on-year inflation is at a three-year low.
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