Measure the impact of petrol prices on inflation in Vietnam

Abstract

Last time, coupled with the movement of gasoline prices in the world drags on the change in petrol prices in the country. Each time the petrol price changes, especially the fluctuations in prices, there are mixed opinions among water management agencies and economic experts about the impact of petrol price hikes on inflation. Vietnam. This paper examines quantitatively the exact effect of oil price on inflation in Vietnam as a basis for state management agencies to have better policies on petroleum management. And curb inflation in Vietnam.