Vietnam under huge inflationary pressure this year, says local expert

A woman carries horse figurines, to be used as offerings at religious ceremonies, on her bicycle as she transports them to shops for sale in Hanoi. - AFP

HANOI, Jan 17 (Xinhua): Vietnam's target to keep inflation at 4.5 per cent in 2023 will be put under greater pressure due to a number of factors, local media has reported.

The demand-pull and cost-push inflation will put pressure on the country's efforts to control inflation amid surging demand and strengthening US dollar that causes rises in imported input prices, Vietnam News Agency reported, quoting local economic expert and former head of the General Statistics Office Nguyen Bich Lam.