The Consumer Price Index (CPI) decreased by 0.12% in July 2026 compared to the previous month, mainly due to lower gasoline and oil prices following the decline in global fuel prices, as well as lower food prices resulting from abundant supply. Compared to December 2025, the CPI increased by 3.08%, and it rose by 4.45% compared to the same period last year.
Industrial production in July kept a positive growth momentum, driven by the activation of new production capacities and the expansion of business operations. The industrial production index for the whole industry in the month is estimated to have risen 1.2% compared to the previous month and 14.5% year-on-year.
As of July 20, 2026, the whole country has planted 1,862.8 thousand hectares of summer-autumn rice, down 24.0 thousand hectares compared to the same period last year, including: Northern provinces planted 166.9 thousand hectares, down 5.5 thousand hectares; southern provinces planted 1,695.9 thousand hectares, down 18.5 thousand hectares.
In the first half of 2026, the global situation remained highly complex, and unpredictable. Prolonged armed conflicts in the Middle East escalated risks to global peace and security, negatively impacting global supply chains, energy and commodity prices, logistics costs, and international trade.
As of April 20th, 2026, the national planted area of spring rice reached 2,932.9 thousand hectares, showing a year-on-year decrease of 36.8 thousand hectares. Of which, the Northern localities reached 1,037.5 thousand hectares, falling by 12.9 thousand hectares; the Southern localities harvested 1,486.0 thousand hectares of spring rice, accounting for 78.4% of the cultivated area and equal to 92.2% of the same period last year.
The Consumer Price Index (CPI) in June 2026 recorded [...]
In the first six months of 2026, the global situation remained complex, unpredictable and difficult to forecast, as prolonged armed conflicts in the Middle East continued to escalate, posing threats to global peace and security, while adversely affecting supply chains, energy prices, commodity prices, transport services and global trade.
The Industrial Production Index (IIP) in June was estimated to increase by 3.5% compared to the previous month and by 12.7% year-on-year. Among them, the manufacturing and processing sector increased by 12.6% compared to the same period last year; the water supply, waste and wastewater management and treatment sector increased by 16.6%; electricity production and distribution increased by 8.7%; and the mining sector increased by 8.8%.
Agricultural production in May focused primarily on harvesting spring rice and other crops nationwide, alongside cultivating autumn rice across the southern localities. Pig and poultry farming developed progressively toward farm-based and bio-secure production models.
Rising electricity and water prices due to high demand during hot weather, along with increases in construction materials, rental housing, and gasoline prices, are the main reasons for the 0.29% increase in the Consumer Price Index (CPI) in May 2026 compared to the previous month. Compared to December 2025, the CPI in May increased by 3.61% and by 5.6% compared to the same period last year.
