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Vietnam estimates March inflation at 11.25 pct
Vietnam's consumer prices in March rose an estimated 11.25 percent from a year ago, the lowest annual rise since November 2007, the government said on Tuesday.
March prices eased 0.17 percent from February after a rise of 1.2 percent last month from January, the General Statistics Office's monthly report showed.
Food prices jumped nearly 24 percent this month from a year ago, it said.
November 2007 was when Vietnam started recording double-digit inflation in its annual data, with prices jumping 10.01 percent from November 2006.
The report said average consumer prices in the first three months were estimated to be 14.47 percent up from the same period last year, lower than the average annual rise of 16.13 percent in the first two months.
The Vietnamese government has targetted inflation this year at 15 percent after 22.9 percent last year and is looking for the economy to grow 6.5 percent.
The International Monetary Fund, in a report this month about Vietnam, forecast average inflation would be 8 percent, higher than a World Bank forecast of 7 percent.
Reuters, thanhnien
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