Vietnam Consumer Price Index (CPI) month-on-month
Vietnam Consumer Price Index (CPI) month-on-month stood at -0.12 in Jul 2026, according to National Statistics Office (NSO). It is one of the indicators in the CPI table (Month on month (MoM) · Monthly), with a complete series running from Dec 2001 to Jul 2026. The complete series with an interactive chart, free to download.
This indicator in the CPI table
| Indicator | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CPI11 | -0.12 | -0.39 | 0.29 | 0.84 | 1.23 | 1.14 | 0.05 | 0.19 | 0.45 | 0.2 | |
| Food and catering services | -0.07 | -0.07 | -0.14 | 0.58 | -0.59 | 2.02 | 0.2 | 0.75 | 0.95 | 0.59 | |
| Beverages and tobacco | 0.18 | 0.13 | 0.21 | 0.85 | 0.37 | 1.18 | 0.58 | 0.06 | 0.1 | 0.12 |
Understanding vietnam Consumer Price Index (CPI) month-on-month
This index measures the rate of change in the price level of consumer goods and services in the current month compared with the previous month, based on a representative basket of household expenditures. Each group is aggregated using expenditure weights, meaning that a sharp increase in a specific commodity does not necessarily translate into a proportional rise in the overall index. Unlike component indices in the same table, this result covers the entire basket; unlike the year-on-year version, it emphasizes very short-term movements rather than seasonal cycle changes.
When reading the data, observe whether the index point is higher or lower than the previous month's baseline to identify whether prices rose or fell, but do not interpret the points as actual monetary price levels. Data are published monthly, and the latest period may be subject to revision. Month-on-month comparisons are useful for detecting new shocks, though they are easily distorted by Tet, the back-to-school season, weather, and price adjustment schedules. To assess inflation trends more reliably, it is advisable to also cross-reference year-on-year figures and check for changes in the basket, weights, or base period.
Frequently asked questions
- Does a rise in the CPI index mean every commodity is more expensive?
- No. The general index can rise even if some commodity groups decline, as the outcome depends on both the magnitude of change and the weight of each group.
- Can the index point be used as the actual monetary value paid?
- No. The points represent price relationships between periods, not selling prices or monetary expenditure levels.
- Why is the Tet-month CPI often difficult to compare with the preceding month?
- Demand, holiday schedules and supply all shift sharply around Tet, creating seasonal factors that can obscure the underlying trend.