Vietnam Inflation Slows as Fuel Tax Cuts Keep Lid on Prices

Vietnam’s headline inflation slowed more than expected in July, allowing room for the central bank to stay accommodative to support the economy’s recovery.

Consumer prices rose 3.14% in July from a year earlier, according to data released by the General Statistics Office in Hanoi. That’s slower than the median estimate for a 3.3% gain in a Bloomberg survey of economists and compares to the 3.37% rate in the previous month.