Namibia

Vietnam inflation rate fell to a 12-month low of 2.81% YoY in April, down from 3.35% in March, mainly driven by a slowdown in gasoline prices. Annual core inflation decreased to 4.56% in April from 4.88% in March, preliminary data showed. Meanwhile, Vietnam’s trade surplus increased to USD 1.51 bln in April from USD 0.85 bln in the same month last year. In the first four months of the year, the trade surplus widened to USD 6.35 bln, up from USD 2.35 bln in the same period in 2022.