In September alone, the province’s CPI increased 0.2% from the previous month, up 4.4% year-on-year and 3.5% higher than December 2024. Seven groups of goods and services posted price hikes, while four groups remained unchanged.
Nationwide, data from the General Statistics Office under the Ministry of Finance showed that the average CPI for the first nine months grew 3.27% year-on-year, and core inflation rose 3.19%.
In September, the national CPI climbed 2.61% from December 2024 and 3.38% year-on-year, while core inflation increased 0.2% from the previous month and 3.18% from a year earlier.
Among 11 major consumer categories, 10 recorded higher prices, with education showing the strongest increase of 2.22%. Only the culture, entertainment, and tourism group saw a decline.
Rising costs for food, foodstuffs, household electricity, medical services, and education were the main contributors to inflation, though these items are excluded from the core inflation index.
The General Statistics Office attributed price volatility to global market fluctuations driven by political, economic, and social factors. In September, higher costs for non-public education, food, and housing maintenance materials were key drivers of Gia Lai’s CPI rise.
Globally, economic uncertainty persists amid tariff tensions and trade protectionism, particularly from the United States, alongside weak aggregate demand and slower growth. While inflation shows signs of easing, central banks continue to adjust monetary policies cautiously to sustain growth in 2025.
Vietnam’s Government has emphasized administrative reforms to streamline procedures, reorganize administrative boundaries, enhance management efficiency, and improve the business environment.
Authorities are also implementing coordinated price management measures to stabilize supply and demand, curb inflation, and maintain economic recovery momentum.
Looking ahead, the General Statistics Office forecast that food and dining-out prices may continue to rise in October due to the effects of recent storms. Fresh vegetables, seafood, and processed foods are expected to see notable price increases, potentially adding pressure on overall inflation.