Tuesday, December 25, 2007

Vietnam's Inflation Accelerates to Fastest Since 1995

Dec. 25 (Bloomberg) -- Vietnam's inflation accelerated to the fastest since 1995, adding to pressure on the government to let the dong strengthen and make imported goods cheaper.

Consumer prices increased 12.6 percent in December compared with the same month last year, the General Statistics Office said in Hanoi today. Prices rose 2.9 percent from November.

Vietnam Real Estate News

Chao Vietnam Properties