AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.20 Increased By ▲ 0.16 (0.13%)
BOP 6.62 Decreased By ▼ -0.05 (-0.75%)
CNERGY 4.56 Increased By ▲ 0.05 (1.11%)
DCL 8.56 Increased By ▲ 0.01 (0.12%)
DFML 41.66 Increased By ▲ 0.22 (0.53%)
DGKC 87.40 Increased By ▲ 0.55 (0.63%)
FCCL 32.50 Increased By ▲ 0.22 (0.68%)
FFBL 65.00 Increased By ▲ 0.20 (0.31%)
FFL 10.24 Decreased By ▼ -0.01 (-0.1%)
HUBC 109.15 Decreased By ▼ -0.42 (-0.38%)
HUMNL 14.65 Decreased By ▼ -0.03 (-0.2%)
KEL 5.12 Increased By ▲ 0.07 (1.39%)
KOSM 7.55 Increased By ▲ 0.09 (1.21%)
MLCF 41.65 Increased By ▲ 0.27 (0.65%)
NBP 59.75 Decreased By ▼ -0.66 (-1.09%)
OGDC 193.00 Increased By ▲ 2.90 (1.53%)
PAEL 28.16 Increased By ▲ 0.33 (1.19%)
PIBTL 7.82 Decreased By ▼ -0.01 (-0.13%)
PPL 151.30 Increased By ▲ 1.24 (0.83%)
PRL 27.08 Increased By ▲ 0.20 (0.74%)
PTC 16.08 Increased By ▲ 0.01 (0.06%)
SEARL 86.02 Increased By ▲ 0.02 (0.02%)
TELE 7.75 Increased By ▲ 0.04 (0.52%)
TOMCL 35.58 Increased By ▲ 0.17 (0.48%)
TPLP 8.18 Increased By ▲ 0.06 (0.74%)
TREET 16.39 Decreased By ▼ -0.02 (-0.12%)
TRG 53.30 Increased By ▲ 0.01 (0.02%)
UNITY 26.22 Increased By ▲ 0.06 (0.23%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
BR100 9,998 Increased By 114.2 (1.15%)
BR30 31,214 Increased By 613.5 (2%)
KSE100 94,214 Increased By 858.6 (0.92%)
KSE30 29,197 Increased By 265.7 (0.92%)

Vietnam estimated on Tuesday its consumer prices in December would be 12.63 percent higher than a year earlier, rising at the fastest rate in a decade due to rising cost of housing, food and fuel prices. Rising foreign investment in Vietnam a year after the country joined the World Trade Organisation also contributed to shooting up consumer prices, economists said.
The government's General Statistics Office estimated consumer prices this year would be on average 8.3 percent higher than last year. In December alone, prices were set to rise 2.91 percent from November, accelerating from the 1.2 percent rise between last month and October.
With economic growth estimated at 8.44 percent this year the government has failed to achieve its target to keep this year's price increases below the economic growth. Inflation came near the economic growth in 2005 when prices rose 8.4 percent and the south-east Asian country's GDP expanded 8.44 percent. Vietnam's annual consumer price inflation last reached two digits in October 2004, when it hit 10.3 percent.

Copyright Reuters, 2007

Comments

Comments are closed.