Vietnam inflation falls

Published October 26, 2008

HANOI, Oct 25: Vietnam’s consumer prices rose by 26.7 per cent in October against the same month last year, the state-run General Statistics Office (GSO) said in inflation data released on Saturday.

The figure was lower than the year-on-year inflation rate of 27.9 per cent reported in September, and consumer prices also dropped by 0.2 per cent month-to-month, the first such decline in two and a half years.

The monthly fall comes amid lower world commodity and energy prices, domestic fuel price cuts and Vietnamese banks tightening credit.—AFP

Opinion

Editorial

United stance
Updated 13 Nov, 2024

United stance

It would've been better if the OIC-Arab League summit had announced practical measures to punish Israel.
Unscheduled visit
13 Nov, 2024

Unscheduled visit

AN IMF mission is in Islamabad for unusual, early talks with the Pakistani authorities as the lender seems worried...
Bara’s businesswomen
13 Nov, 2024

Bara’s businesswomen

BARA tehsil, a region typically known for its security challenges and socioeconomic problems, can now boast the...
System failure
Updated 12 Nov, 2024

System failure

Relevant institutions often treat right to internet connectivity with the same disdain as they do civil and political rights.
Narrowing the gap
12 Nov, 2024

Narrowing the gap

PERHAPS a pat on the back is in order for the ECP. Together with Nadra, it has made visible efforts to reduce...
Back on their feet
12 Nov, 2024

Back on their feet

A STIRRING comeback in the series has ended Pakistan’s 22-year wait for victory against world champions Australia....