Keeping inflation rate below 4 percent feasible: Deputy PMThe consumer price index (CPI) in 2018 is forecast to rise by 3.41 percent, 3.55 percent and 3.9 percent under the scenarios created by the aide group of the Government’s Steering Committee on Price Management. Deputy Prime Minister Vuong Dinh Hue says that keeping inflation rate below 4 percent is feasible. “Stabilising the macro-economy coupled with addressing the increase in the prices of public services, the target of keeping inflation rate under 4 percent this year is achievable”, Deputy Prime Minister Vuong Dinh Hue, who headed the Government’s Steering Committee on Price Management, affirmed at a meeting on March 27. Hue ordered ministries and sectors to follow the scenario of the CPI growth rate of 3.55 percent to take specific measures and solutions. It should join hands with relevant ministries and branches to build prices of the non-public irrigation products and services.

Source: VietNamNet News March 27, 2018 14:15 UTC