According to the Statistics Office, the consumer price index (CPI) in June fell 0.39% from the previous month, mainly due to lower petrol and oil prices in line with global fuel prices. June CPI increased 3.21% compared with December 2025 and 4.69% year-on-year. On average, CPI in the first six months of 2026 rose 4.38% year-on-year, while core inflation increased 4.12%.
Specifically, four groups of goods and services saw price declines, while seven groups recorded increases.
The four groups of goods and services with lower prices included transport, down sharply by 4.85% from the previous month. In particular, the petrol price index fell 10.05% and the diesel price index dropped 10.63%, due to domestic fuel price adjustments in line with global price movements. In addition, air transport prices decreased 11.62%, passenger transport by waterway fell 0.21%, and road passenger transport declined 0.08%.
The clothing, headwear, and footwear group fell 0.09% from the previous month due to abundant supply and numerous promotional programmes. The food and catering services group decreased 0.07% from the previous month. The other goods and services group fell 0.06%, mainly because jewellery prices dropped 8.01% in line with the decline in domestic gold prices.
The seven groups of goods and services with higher price indexes included education, up slightly by 0.01%; medicine and health services, up 0.03% due to higher import costs for pharmaceutical materials as the exchange rate rose; information and communications, up 0.04%; beverages and tobacco, up 0.13%; household equipment and appliances, up 0.17%; housing, electricity, water, fuel, and construction materials, up 0.46%; and culture, entertainment, and tourism, up 0.66%.
Nguyen Thu Oanh, Head of the Services and Price Statistics Department under the Statistics Office, said the flexible management of domestic petrol and oil prices amidst sharp global fluctuations, together with abundant food supply, had helped ease upward price pressure.
A representative of the Statistics Office said the gold price index in June fell 8.46% from May, rose 24.11% year-on-year, and decreased 2.72% compared with December 2025. On average, in the first six months of 2026, it rose 58.12% year-on-year.
Domestic US dollar prices moved in the same direction as global prices. In the domestic market, the USD price index in June increased 0.11% from the previous month, rose 0.57% year-on-year, and fell 0.17% compared with December 2025. On average, in the first six months of 2026, it rose 1.75%.
