BUSINESS NEWS 25/7

Experts have high hopes for inflation scenarios

The 2019 average inflation set to jump by 3.17 - 3.41 per cent would yield a number of positive effects on the country’s macro-economic stability, experts have said.

According to the General Statistic Office of Vietnam, consumer price index (CPI) for the first half of the year upped by 2.64 per cent, the lowest rate seen during the past three years and at an inconsiderable high against with the inflation ratio of 1.87 per cent seen during the six-month period.

The CPI indicator would facilitate the implementation of macro-economic stability and inflation control.

The Government’s Steering Committee on Price Management has sketched out two scenarios for the inflation rate during the remainder of the year, which is predicted to stretch between 3.17 to 3.41 per cent.

Read more at: Vietnamnet.vn