TITLE

Surging Food Prices Increase Inflationary Pressures

PUB. DATE
December 2010
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Dec2010, Vol. 21 Issue 12, p3
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article focuses on the issues concerning the food prices in Vietnam wherein the increasing prices could pose a threat to the inflation in the country. It states that the consumer price inflation (CPI) increased by 8.9% year-on-year (y-o-y) because of the increased prices of food and fuel. According to the "Business Monitor International (BMI)," the variation in Vietnam's CPI is largely credited to the Vietnamese Dong's devaluation in which increasing inflationary pressures are anticipated.
ACCESSION #
55155448

 

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