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Vietnam CPI inflation 3.66% y-o-y in Sep-23

- Vietnam's CPI inflation in September 2023 rose to 3.66% year-on-year, the highest growth since February 2023.
- The current inflation rate is 0.19 percentage points higher than the one-year average but falls short by 2.05 percentage points compared to the long-run average.

Vietnam PMI manufacturing 48.7 in Jul-23

- Vietnam's manufacturing PMI in Jul-23 stood at 48.7, indicating contraction in the industry but representing the highest level since Feb-23.
- The Jul-23 PMI was 0.13 points above the one-year average, suggesting some resilience in the manufacturing sector.

Vietnam CPI inflation 2.06% y-o-y in Jul-23

- Vietnam's CPI inflation in July 2023 witnessed a notable increase compared to the previous month, standing at 2.06% year-on-year.
- However, when considering historical trends, the current inflation rate remains relatively subdued, with both the one-year and long-run averages higher than the July figure.

Vietnam retail sales 10.37% y-o-y in Jul-23

- Vietnam's retail sales growth in July 2023 recorded a significant slowdown, reaching 10.37% year-on-year, compared to 10.92% in the previous period.
- The current growth rate is substantially below both the long-run average (by 4.55 percentage points) and the one-year average (by 5.82 percentage points), indicating a worrisome deviation from historical trends and raising concerns about the broader economic performance in Vietnam.