Vietnam’s inflation may fall below 10 pct by the end of 2012

28-Jun-2012 Intellasia | Tri Thuc Tre | 11:22 AM

Vietnam’s inflation has decelerated sharply in recent months and it is forecast to further fall to below 10 percent year-on-year by the end of this year.

The Hong Kong and Shanghai Banking Corp Limited (HSBC) gave the lowest forecast on Vietnam’s inflation for the full year 2012 at about 5.4 percent.

Local institutions forecast the country’s inflation may fall to 6 percent by the end of the year while foreign organisations such as World Bank (WB) and International Monetary Fund (IMF) predicted the rate at 9.5 percent.

JP Morgan gave its forecast on Vietnam’s inflation in 2012 at 8.1 percent (on June 25, 2012)

WB at 9.5 percent (May 28, 2012)

HSBC at 5.4 percent (June 1, 2012)

IMF at 9.5 percent (April 2012)

VinaCapital: 10 percent (March 2012)

Bao Viet Securities Joint Stock Co (BVSC): 5.4 percent – 6.9 percent (June 26, 2012)

Military Commercial Joint Stock Bank (MB)’s Securities Co (MBS): 6 percent (June 2012)

Vietcombank Securities JSC (VCBS): 8 – 9 percent (June 26, 2012)

HCM City Securities JSC (HSC) at 8.5 – 9 percent (May 24, 2012)