Vietnam’s January CPI may rise 1.5-1.8pct, Ban Viet predicts

Ban Viet Securities Co (VCSC) has announced a macroeconomic report for January 2011, saying that forex rate and Consumer Price Index (CPI) will move positively this month.

January CPI may be lower than the previous month because of more sustainable food prices and lower deposit and lending interest rates.

According to the broker, January CPI may rise 1.5-1.8 percent, lower than 1.98 percent in December 2010, mainly impacts from prices of clothing, drinks, travel demand during the coming Lunar New Year. Usually, annual February CPI will suffer the effects of above factors. – Vietbiz24

Tags: Vietnam CPI, Vietnam CPI 2011, Vietnam economic, Vietnam economy

Posted by VBN on Jan 18 2011. Filed under Consumer price index, Economy News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry