HANOI, Oct 25: Vietnam’s consumer prices rose by 26.7 per cent in October against the same month last year, the state-run General Statistics Office (GSO) said in inflation data released on Saturday.

The figure was lower than the year-on-year inflation rate of 27.9 per cent reported in September, and consumer prices also dropped by 0.2 per cent month-to-month, the first such decline in two and a half years.

The monthly fall comes amid lower world commodity and energy prices, domestic fuel price cuts and Vietnamese banks tightening credit.—AFP