Vietnamese Inflation Quickened in September to 8.92%

Lock
This article is for subscribers only.

Vietnamese inflation accelerated for the first time in six months as food and education costs rose, signaling the government may have less scope to push for lower lending rates to bolster the economy.

Consumer prices climbed 8.92 percent in September from a year earlier, compared with an 8.18 percent advance in August, according to figures released today by the General Statistics Office in Hanoi. The reading is the highest since May. Prices rose 1.31 percent in September from the previous month.