Southeast Asian countries, Vietnam is a constantly updated record of the highest in Asia - inflation. The latest data show that in July, Vietnam's inflation rate rose for the 11th consecutive month, exceeded 22%, ranking first in the Asian economies, highlights the the country's anti-inflation in Bulgaria between growth and the difficult balance.

Hand, soaring inflation and interest rates

Official data show that Vietnam's July CPI rose 22.16%, compared with June to rise further, and also hit the highest level in nearly three years, according to ANZ's analysis, food, transportation and construction materials prices is the greatest force in Vietnam. In June, Vietnam's inflation rate reached 20.82% in May to 19.78%.

In this week's press conference, Vietnam's central bank said that inflation in Vietnam for some time the pressure is still large, it is necessary to maintain a tight monetary policy official is expected in August, Vietnam's inflation rate may reach 23%, but end of the year is expected to fall to 18%.


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