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The consumer price index (CPI) in April 2026 rose 0.84% month-on-month, according to a report by the General Statistics Office (Ministry of Finance). Compared with March, the CPI increased 0.84%, with urban CPI up 0.83% and rural CPI up 0.86%.
Among the 11 major groups of goods and services, 10 groups recorded price increases, while the transportation group declined.
The housing, electricity and water, fuels and building materials group rose 2.59% month-on-month, contributing 0.59 percentage point to the overall CPI. Within this group, higher oil prices—up 26.95%—were cited as aligning with the global energy price trend. Prices of building materials increased 4.11% month-on-month, attributed to higher input costs, particularly raw materials, production fuels, and transportation. Construction activity also rose, pushing up prices for materials including sand, stone, cement, steel, and bricks.
Gas prices increased 35.3%, contributing 0.46 percentage point to the CPI. Rent rose 0.79% as some landlords adjusted rents to offset renovation and upgrading costs. The price index for home repair services rose 1.93% due to higher labor costs.
In April 2026, domestic gold prices continued to fall. As of 28 April, world gold prices averaged 4,761.71 USD per ounce, down 2.4% from March 2026. In the domestic market, the gold price index for April 2026 fell 6.71% month-on-month, mainly due to domestic business price adjustments in line with global gold prices.
On a year-on-year basis, the gold price index rose 54.24%; compared with December 2025, it rose 10.83%. Over the first four months of 2026 to date, the gold price index increased by an average of 75.13%.
The USD index on international markets rose 0.17% month-on-month due to higher external demand. Domestically, the freely traded USD price hovered around 26,360 VND/USD. The USD price index in April 2026 rose 0.17% versus the previous month, up 1.44% year-on-year, and down 0.31% from December 2025. On average, the first four months of 2026 saw the USD price index up 2.29% year-to-date.
Overall, CPI rose 3.99% in the first four months of 2026 compared with the same period in 2025. The housing and building materials price index rose 6.25% year-on-year, contributing 1.42 percentage points to the CPI increase.
Core inflation in April 2026 rose 0.88% from March and 4.66% from the same period last year. On average, the first four months of 2026 saw core inflation up 3.89% year-over-year, lower than the 3.99% rise in overall CPI, because energy prices such as gasoline, gas, and volatile foods moved sharply and are excluded from core inflation calculations.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
