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.


Related Articles

  • No More Hikes In 2011.  // Asia Monitor: South East Asia Monitor Volume 1;Aug2011, Vol. 22 Issue 8, p5 

    The article presents economic outlook of the journal "Business Monitor International" (BMI) in Vietnam. The BMI expresses their optimistic views on the moderation of consumer price inflation (CPI) and the zero interest rate hike of the State Bank of Vietnam due to 1.6% money supply growth in the...

  • Inflation increases to 3.5% in March. Langston, Rob // Fundweb;4/17/2012, p17 

    The article reports that inflation in Great Britain increased to 3.5% in March 2012 because of increased prices in the food, clothing, footwear and the recreation and culture sectors. The consumer price index (CPI) rate grew from 3.4% and the retail price index (RPI) rate declined to 3.6% in...

  • Inflationary Pressures Still Evident.  // Asia Monitor: South East Asia Monitor Volume 1;Jul2010, Vol. 21 Issue 7, p5 

    The article presents an outlook on the economic conditions in Vietnam from 2010 and beyond. It projects the 10.2% average of consumer price inflation (CPI) in 2010 due to the presence of inflationary pressures regardless the decrease of prices in April and May 2010. It expects the 12.3% increase...

  • Inflation: Recent Developments.  // Vietnam Country Monitor;Nov2011, p8 

    The article focuses on the economic developments in inflation rate in Vietnam. It says that food prices affects inflation rate in 2011, wherein consumer price index (CPI) inflation rate reduced from 23.0% in August 2011 to 22.4% year-on-year (y/y) in September. It states that the headline CPI...

  • Inflationary Pressure Falls.  // Asia Monitor: South East Asia Monitor Volume 1;Jan2006, Vol. 17 Issue 1, p4 

    The article discusses the economic conditions of Vietnam. Inflation in Vietnam will moderate over the forecast period, despite soaring prices in 2005. There are three major factors behind the increase in inflation in 2005. The main reason was the government's decision to cut oil price subsidies...

  • Inflation: Recent Developments.  // Taiwan Country Monitor;Nov2011, p8 

    The article offers information on the inflation in Taiwan in 2011. It mentions that consumer price inflation remained steady in September as food costs stabilized amid a continued fall in vegetable prices. It says that consumer price index rose 1.35% in September, rising only marginally from the...

  • Food and Energy Price Shocks: What Other Prices Are Affected? Clark, Todd E.; Zaman, Saeed // Economic Commentary;8/24/2011, Vol. 2011 Issue 14, p1 

    Sharp rises in energy and other commodity prices have recently ignited concers about inflation. Will these prices increase spill over to other prices more generally? We study the typical responses of different price shocks and assess whether the recent behavior of various producer and consumer...

  • SUSTAINABILITY ANALYSES OF EU ENTRANTS OF 2004. Tóth, Zsuzsanna // Conference Proceedings: International Conference of the Faculty ;2010, p1 

    The article explores the economic performance of the eight countries that joined the European Union (EU) accession in 2004. In Latvia, the price index is high until 2010, and in the Baltic states inflation rate is strengthened by the increase of food and energy prices worldwide. Average...

  • Consumer Inflation Weakens. Investor's Business Daily // Investors Business Daily;3/19/2014, pA01 

    9 Feb.'s consumer price index rose just 0.1%, as lower energy costs offset the biggest hike in food prices in nearly 2 years. Core CPI, which excludes food and energy, also inched up 0.1%. Consumer prices climbed 1.1% annually, down from Jan.'s 1.6%. The core inflation rate of 1.57% was the...


Read the Article


Sign out of this library

Other Topics