Vietnamplus

Thailand's economy is still projected to grow 3-3.5% this year, Finance Minister Arkhom Termpittayapaisith told a business seminar on October 5.

Malaysia’s inflation rate in August increased to 4.7% year-on-year, mainly due to food and non-alcoholic beverages, according to the Malaysian Department of Statistics Malaysia (DOSM).

There has been a bump in the socio-economic numbers since the beginning of 2022, as most sectors of the economy began the turn toward recovery and regaining economic growth.

Singapore-based financial service supplier DBS has predicted that Vietnam’s economic growth may reach 8 percent in 2022 thanks to rising flows of FDI and exports and digitalisation impetus.

Malaysia’s consumer price index (CPI) rose 4.7 percent year-on-year in April 2021 — the highest since 2018.

Deputy Prime Minister Vuong Dinh Hue required ministries, sectors and localities to control the consumer price index (CPI) between 3.3-3.9 percent in 2019 while chairing a conference of the National Steering Committee on Price Management in Hanoi on January 17.

Ten of the 11 goods categories have seen price increases in October, raising the consumer price index (CPI) by 0.33 percent from the previous month, according to the General Statistics Office (GSO).

Prime Minister Nguyen Xuan Phuc has reiterated the Government’s resolve to control inflation, noting that although the consumer price index (CPI) in July fell slightly from the previous month, the pressure for inflation hike remains considerable.

The Ministry of Finance (MoF) must apply measures to curb year-on-year inflation in 2018 at below 3.7-3.9 percent, said Deputy Prime Minister Vuong Dinh Hue.

Members of the Steering Committee on Price Management shared the view that CPI will grow by less than 4 percent this year, citing the positive outcomes of the first three quarters and price forecast for the last quarter.

Keeping average inflation below 4 percent is achievable this year, said Deputy Prime Minister Vuong Dinh Hue during a meeting of the Steering Committee on Price Management last weekend.

Medicine and healthcare services prices this August post the sharpest monthly hike, 6.18 percent, compared to five other goods and services categories that share the same upward trend.

It will be difficult to control the inflation rate this year at under 5 percent, many experts said, pointing to the relatively high consumer price index (CPI) during the first half of 2016.

Singapore ’s inflation rate in January dropped 0.6 percent compared with the same period last year.