Vietnam’s CPI up 1.14% MoM in Feb; IIP up 10.4% YoY in Jan-Feb 2026

The increase was recorded in both urban and rural areas, which saw rises of 1.12 per cent and 1.17 per cent MoM respectively.

Vietnam’s consumer price index rose by 1.14 per cent month on month (MoM) in February as prices increased in most major groups of goods and services, official statistics show.
On an average, CPI increased by 2.94 per cent YoY in the first two months this year.
The country’s index of industrial production rose by 10.4 per cent YoY in the first two months of the year, driven by manufacturing.

On an average, CPI increased by 2.94 per cent year on year (YoY) in the first two months this year.

The transport sector’s price index fell by 3.48 per cent during the two months, reducing the overall CPI by 0.35 percentage points, largely due to a 9 per cent decline in petrol and oil prices.

Meanwhile, the country’s index of industrial production (IIP) increased by 10.4 per cent YoY in the first two months of the year, driven by manufacturing.

The growth rate was significantly higher than the 7.5-per cent increase recorded in the same period last year. Despite fewer working days in February due to the Lunar New Year holiday, overall industrial performance was resilient.

Industrial production in February alone was estimated to decline by 18.4 per cent MoM, largely reflecting the holiday period, an NSO release said. However, output still edged up by 1 per cent YoY, suggesting that the underlying momentum in the industrial sector was intact.

Manufacturing and processing continued to play the central role in driving the country’s industrial expansion. The strong performance reflects both improving domestic consumption and steady demand from export markets.

Several manufacturing industries recorded particularly robust growth during the period.

Fibre2Fashion News Desk (DS)