CryptoWorld News: Due to the Iran conflict causing a rise in global energy costs, Vietnam's inflation in April significantly exceeded expectations, with the CPI increasing by 5.46% year-on-year, compared to an estimated median of 4.80%. The Vietnam General Statistics Office stated that the intensification of inflation was mainly due to domestic natural gas prices rising in tandem with global fuel prices, and the continuous increase in transportation and raw material costs also pushed up prices in the service and construction sectors. Additionally, the country experienced a trade deficit for the fourth consecutive month, caused by an increase in imports, which was also due to the surge in global raw material prices resulting from the conflict.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin