Vietnam’s annual inflation rate climbed to 3.35% in February 2026, up from 2.53% in January, when it had reached its lowest level since July 2023. Price increases were recorded across several categories, including food and food services (5.28% vs. 3.64% in January), household equipment and goods (2.23% vs. 1.71%), clothing, hats, and footwear (1.87% vs. 1.21%), education (3.21% vs. 3.14%), culture, entertainment, and tourism (2.31% vs. 1.11%), beverages and tobacco (3.03% vs. 1.95%), and other goods and services (4.10% vs. 2.94%).
At the same time, inflation was unchanged for housing, electricity, water, fuel, and construction materials (5.60%), while deflation moderated in transportation (-3.19% vs. -3.76%) and information and communication (-0.24% vs. -0.28%). In contrast, price growth slowed for medicines and medical services (0.74% vs. 0.92%).
On a monthly basis, consumer prices rose by 1.14% in February, a sharp acceleration from the 0.05% increase recorded in January. Core inflation also picked up, reaching 3.74% compared with 3.19% in the previous month.