Inflation may return by the end of 2017: analystsVietNamNet Bridge - It will be difficult to curb inflation if unreasonable measures are used to reach a GDP growth rate of 6.7 percent and low inflation rate of 4 percent in 2017. However, analysts warn that high inflation may return by the end of the year. He said though the inflation rate was low in the last few months, pressure on inflation is high as the GDP growth rate in the first half of the year was lower than expected. The government is still determined to obtain a high GDP growth rate of 6.7 percent this year despite low growth rates in the first half. “This will put pressure on inflation as monetary policies will be loosened to boost GDP growth,” Long said.
Source: VietNamNet News July 14, 2017 01:41 UTC