# Inflationary pressure poses big challenge to economy

> Vietnam's General Statistics Office reported first-half 2022 GDP growth of 6.42%, with manufacturing up 9.7%. Analysts warned that rising global commodity prices and disrupted supply chains could push up inflation in the second half.

- Date: 2022-06-30 · published 2022-06-30T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/41260-inflationary-pressure-poses-big-challenge-to-economy
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher global commodity prices and weaker external demand feed into Vietnam's import costs for feed grains and protein meals, raising the cost of livestock production.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-01-03 | [How Consumers and Businesses are Reacting to Food Price Inflation - Euromonitor.com](https://feedsoft.ai/events/12190-how-consumers-and-businesses-are-reacting-to-food-price-inflation-euromonitor.md) | -2.2% | -1.0% |
| CORN | 2026-07-21 | [Protein inflation surges as costlier fodder pushes up milk, chicken prices - The Economic Times](https://feedsoft.ai/events/18511-protein-inflation-surges-as-costlier-fodder-pushes-up-milk-chicken-prices-the.md) | -0.2% | -1.4% |
| CORN | 2021-04-30 | [Inflationary Signs Are Everywhere In The Commodities Market \| Investing.com](https://feedsoft.ai/events/47516-inflationary-signs-are-everywhere-in-the-commodities-market-investing-com.md) | +5.0% | -2.1% |
| CORN | 2021-04-30 | [Inflation-tolerant Fed will boost commodity prices \| Reuters](https://feedsoft.ai/events/47512-inflation-tolerant-fed-will-boost-commodity-prices-reuters.md) | +5.0% | -2.1% |
| CORN | 2019-11-01 | [Argentina imposes more money exchange restrictions to defend reserves — MercoPress](https://feedsoft.ai/events/56336-argentina-imposes-more-money-exchange-restrictions-to-defend-reserves-mercopress.md) | +0.4% | +0.3% |
| SBM | 2019-11-01 | [Argentina imposes more money exchange restrictions to defend reserves — MercoPress](https://feedsoft.ai/events/56336-argentina-imposes-more-money-exchange-restrictions-to-defend-reserves-mercopress.md) | +0.4% | -4.4% |
| SBM | 2022-06-06 | [Businesses are starting to feel the impact of exchange rate fluctuations.](https://feedsoft.ai/events/41262-businesses-are-starting-to-feel-the-impact-of-exchange-rate-fluctuations.md) | +3.1% | +9.5% |
| SBM | 2021-07-07 | [What does inflation mean for milk prices? - Dairy Producer](https://feedsoft.ai/events/46216-what-does-inflation-mean-for-milk-prices-dairy-producer.md) | -0.5% | -2.0% |

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/inflationary-pressure-poses-big-challenge-to-economy-post236047.vnp

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.