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Inflation to reach 4.5%

by VTV410 November 2016 Last updated at 17:28 PM

VTV.vn - Vietnam has returned to the path of growth since the third quarter after difficulties in the mining industry and agriculture. Such is the outcome of the latest 2016 financial market report by the National Financial Supervisory Commission (NF

According to the report, this year's inflation rate will be 3%, higher than last year's figure.

The reason for this increase is said to be the changes in the prices of public services. Price rises in healthcare and education contributed about 3% to the 4% inflation from January to October. Overall, inflation rate in 2016 is forecast to reach 4.5%.

The NFSC also predicted that inflation in 2017 may stay at 3.5% or 5%, depending on price changes in healthcare and education.

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