The increase meeting the target set by the National Assembly.

Vietnam’s Consumer Price Index (CPI) increased 3.31% in
2025, as  targeted by the National Assembly, according to the
National Statistics Office (NSO).

The December’s CPI rose 3.48% year-on-year and the average
CPI for the fourth quarter of 2025 jumped 3.44% year-on-year.

Food and catering services prices gained 3.27%, adding 1.17
percentage points to the overall CPI.

Housing, electricity, water, fuel and construction materials
jumped 6.08%, contributing 1.38 percentage points, due to higher rents and repair costs.
Residential electricity prices rose 7.2%, reflecting demand growth and
adjustments by EVN on October 11, 2024, and May 10, 2025.

Medicine and health services surged 13.07%, adding 0.61 percentage point, after the Health
Ministry’s October 17, 2024 circular triggered fee hikes.

Education costs moved up 2.15%, contributing 0.13 percentage point, as some universities
and private schools raised tuition. Household goods rose 1.66%, adding percentage 0.09
point, while other services gained 4.78%, contributing percentage 0.17 point.

The NSO also reported that core inflation rose 0.23% monthly
in December and 3.27% year-on-year. Full-year core inflation averaged 3.21%,
below the headline 3.31%, as it strips out major drivers like food,
electricity, healthcare and education.

VnEconomy-Vũ Khuê