Surging Food Prices Increase Inflationary Pressures

December 2010
Asia Monitor: South East Asia Monitor Volume 1;Dec2010, Vol. 21 Issue 12, p3
Country Report
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.


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