Could the rise in consumer prices continue into 2025?

Source: vietnambiz.vn Pepper prices rise for the second consecutive year In 2024, the pepper market recorded its second consecutive year of strong growth in both price and export turnover. Accordingly, the domestic pepper price at the end of this year nearly doubled from the beginning of the year to 140,000 VND/kg. Source: Giatieu.com (H.Mĩ compiled) Source: Giatieu.com (H.Mĩ compiled) In terms of consumption, Vietnam exported 250,600 tons of various types of pepper, earning 1.3 billion USD, a decrease of 5.1% in volume but a 45.4% increase in turnover compared to the previous year. The main reason is that the average export price of black pepper in 2024 reached 5,154 USD/ton, an increase of 49.7%, and white pepper reached 6,884 USD/ton, an increase of 38.9% over the previous year. Declining production activity has contributed to pushing up domestic and export prices in recent times. Source: General Department of Customs (H.Mĩ compiled) Source: General Department of Customs (H.Mĩ ...