RealNews

Inflation surges in Vietnam’s red-hot economy

Inflation in Vietnam surged to 9.45 per cent in the first 11 months of 2007, driven by rising food prices and a recent hike in the cost of gasoline, local media reported Wednesday. The official Vietnam News cited Le Duc Thang, deputy director of the government’s General Statistics Office, as blaming flood damage to agriculture in central Vietnam for the rise in food prices. FullStory

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