24 percent in August of 2008 and a record low of -2. Historically, the Myanmar Kyat reached an all time high of 3254. The GDP implicit deflator is the ratio Inflation Rate in Germany decreased to 2. For more inflation information, visit our dedicated page. 20 percent in June from 0. Oct 2, 2017 · A recent study by ASEAN+3 Macroeconomic Research Office (AMRO) shows that money supply growth was the second most important driver of inflation in Myanmar following shocks related natural disasters. 40 percent in May of 2024. Myanmar’s average inflation rate of 16 percent from 2000-2015 was the highest in the region. The Laspeyres formula is generally used. The 2021 average figure was 6. source: World Bank. 06 percent of the world economy. 23 percent from 1986 until 2024, reaching an all time high of 67. Sky-high inflation, exchange-rate volatility, chronic power shortage and policy chaos further dampen economic sentiment. The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. Jul 4, 2024 · Inflation in Myanmar dropped to a five-year low in 2021, settling at 3. Despite the regime setting the official MMK-USD exchange rate at 2,100 per dollar, it hit a record low of 4,200 in unofficial trading on Wednesday, compared to around Myanmar unemployment rate for 2022 was 2. The next inflation update is scheduled for release on August 14 at 8:30 a. 8% in June 2024, the lowest since March 2022, slowing from 23. The ongoing devaluation of Myanmar’s currency, the kyat, has worsened food Inflation, consumer prices (annual %) in Myanmar was reported at 8. This page provides the latest reported value for - Argentina Inflation Rate - plus previous releases, historical high and low, short-term forecast and Sr. Myanmar unemployment rate for 2021 was 4. 16-7-2024. GDP is projected to increase by 3% in the year to September 2023, a level still around 10% lower than in 2019. 17 percent in April, 2. Economic conditions in Myanmar have stabilized in the first half of 2023. 506 million. About. 30 percent in the second quarter of 1962. 4. 80 percent in July, 3. In 2024-28, economic growth will remain below the steady expansion of 6-7% Inflation, GDP deflator (annual %) - Myanmar. Ghana's annual consumer inflation eased for the third month to 22. Severe supply and demand constraints continue to limit economic activity. Test positivity rates have declined to around 1 percent after peaking at over a third in July. 1 Background Inflation is one the most important macroeconomic indicators for economists and policy makers interested in the implication of monetary policy. Myanmar. As 2023 draws to a close, the findings of the latest World Bank report about Myanmar should come as no surprise, with inflation running at 28. Quote - Chart - Historical Data - News. 0% in the 12 months to April. 67 percent from 1986 until 2024, reaching an all time high of 28. Labor Department data published on July 11, 2024. Inflation Rate - By Country - was last updated on Inflation Rate in Vietnam decreased to 4. Inflation. 1% in May. Inflation Rate in Argentina averaged 190. 9% in 2023/24 amid elevated conflicts, which will result in a collapse in domestic demand and supply-chain disruptions. Ghana inflation rate for 2021 was 9. Quota (SDR): 516. This page provides values for Inflation Rate reported in several countries. 9%. BANGKOK -- Inflation is rising in military-controlled Myanmar, pushing up prices for rice and other daily necessities as the kyat, the country's The Central Bank of Myanmar Law-1990; The Law Amending the CBM Law-1997; The Central Bank of Myanmar Law -2013; The Law Amending the CBM Law-1995 ; FML Laws. S. At. 2% in June 2024. Inflation Rate in Mauritius averaged 5. Inflation in Myanmar dropped to a five-year low in 2021, settling at 3. 01 percent in one month, standing at 5. 8250669680456%: 2018: Jul 11, 2024 · The annual inflation rate for the United States was 3% for the 12 months ending June, compared to the previous rate increase of 3. 65 in 2016. Daily cases have fallen from around 5,000 per day at the end of July to 150 per day (Figure 1) during the first week of January 2022. Historic Inflation Rate of Myanmar (2019 - 1960) Year Inflation Rate; 2019: 8. 56%), and health (3. FIML-1990; Financial Institutions Law-2016; Rules Relating to FIML-1991; The Law Amending the FIML-1994 Feb 25, 2021 · Country Population: 54. Hungary Inflation Rate Edges Up to 3. Consumer Price Index at Union Level. This page covers the . Economic growth is projected to be 3 percent in the fiscal year ending in September 2022, following an percent. Myanmar’s economy has faced a series of external and internal disruptions which have impeded recovery from the large contraction in economic activity last year. 10 percent in the fourth quarter of 2023. The domestic core inflation rate, which excludes energy and unprocessed food, ticked down to 1. Inflation Rate in Singapore increased to 3. News Stream. 20 percent in June from 2. Myanmar's unemployment rate is at a low level, stable at less than 2 percent. 90 percent in the fourth quarter of 1951 and a record low of -1. This is down from a fairly high spike in 2016, expected to converge to a steady state around 7. Most Recent Year. 96%, a 1. On a monthly basis, CPIH rose by 0. 10 percent from 1991 until 2024, reaching an all time high of 2333. The table has current values for Inflation Rate, previous releases, historical highs and record lows, release frequency, reported The FT global inflation and interest rates tracker provides a regularly updated visual narrative of consumer price inflation and central bank policy rates around the world. 80 percent in May from 2. 44 percent in May of 2024. Dec 12, 2023 · The Myanmar Economic Monitor series provides a biannual perspective on economic developments and key challenges in Myanmar, covering the real sector, trade and foreign investment, prices and exchange rates, the financial sector, the fiscal situation, and poverty and welfare impacts – as well as an assessment of the short- and longer-term outlook. 9% in the ten years to 2021, above the Asia-Pacific regional average of 2. Outstanding Purchases and Loans (SDR): 430. 60 percent in June of 1920 and a record low of -17. Myanmar's average monthly inflation rate was 2. 4% in June 2024, below an over one-year high of 3. Myanmar unemployment rate for 2020 was 1. 44 percent from 1957 until 2024, reaching an all time high of 37. Ghana inflation rate for 2019 was 7. Download. Real-time indicators show substantial economic volatility in August and . 42% in June 2024 from 2. 70 percent in June from 0. 07 percent from 1991 until 2024, reaching an all time high of 316. 60 percent in June from 11. The GDP value of Myanmar represents 0. 67% in the previous month. 7% vs 3. 40 percent from 1976 until 2024, reaching an all time high of 23. 1%. 8251 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. 9% from 2% in May. 00 percent in February of 1954. 94 percent in June from 5. Inflation Rate in Canada averaged 3. 2% in June 2024, the sharpest since December 2021, compared to May's reading of 14. About; Market Price; Selected Monthly Economic Indicators(SMEI) Consumer Price Index. 82 billion US dollars in 2023, according to official data from the World Bank. The annual inflation rate in Zambia continued to climb to hit 15. The current retail inflation eases to 4. 3%, according to U. Central Bank Rate. Inflation Rate in Romania averaged 38. 71 percent from 1996 until 2024, reaching an all time high of 28. Food inflation accelerated to 16. 90 percent in May of 2024. Monthly, consumer prices rose by 0. 3. 19% in the previous month and coming more than market forecasts of 1. 1% vs 0. Sep 29, 2021 · In August, the Central Bank of Myanmar tried tethering the kyat 0. Inflation Rate in Australia averaged 4. 67 percent in September of 2015. 28% increase from 2021. The annual inflation rate in Taiwan rose to 2. 90 percent in February of 1993 and a record low of -0. 37 percent from 1973 until 2024, reaching an all time high of 23. In Inflation Rate in Pakistan increased to 12. 04% decline from 2021. 8%, slightly below forecasts of 2. 30 percent in May of 2024. 26B, a 16. 2%. (February 2021) 1. From the previous month, Italian consumer prices edged up by 0. 10 percent in May of 2024. 41%, a 0. 7% in June 2024, compared to May's five-month high and market estimates of 3. On a monthly basis, consumer prices decreased by 0. 75 percent from 1997 until 2024, reaching an all time high of 15. 6% in May 2023. 19%. Inflation Rate in Panama averaged 2. 8%. 90 percent in June of 2020. 40 percent in January of 2003. 9%, although, the GDP growth rate of myanmar has increased to 6. 0. Ghana inflation rate for 2020 was 9. 3% in June, the same pace as in the previous month. Inflation Rate in Australia decreased to 3. May 24, 2024 · The retail inflation rate registered a slight drop of 0. 2. 9% in May) and transport (3. 80 percent in June of 1921. World Bank. 34%, a 2. License : CC BY-4. 31%, the first decline in six months, following a 0. Dec 19, 2023 · Subscribe for ads-free reading. 55 percent in May of 2020 and a record low of -7. Myanmar - CPI Price, nominal - actual values, historical data, forecasts and projections were sourced from the World Bank on July Inflation Rate in Canada decreased to 2. 89 in June of 2024. 10 percent in April of 1989 and a record low of -1. Inflation, consumer prices (annual %) - Myanmar from The World Bank: Data. 36 percent from 1944 until 2024, reaching an all time high of 20262. Inflation Rate in Japan increased to 2. 8 million. 80 percent in March of 1990 and a record low of -7. 66 million (June 30, 2024) Special Drawing Rights (SDR): 360. Hungary Inflation Rate Eases to 3. This page provides - Russia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. publicationJuly 21, 2022. 0% and 57. 10 percent in September of 1976. 70 percent in June from 2. During the observation period from 1960 to 2019, the average inflation rate was 13. The year of 2018, the CPI growth rate reached 6. GDP growth. 54% in May 2024, up from 0. Jun 25, 2023 · Economic activity is slowly increasing in Myanmar, but from a low base, the report, A Fragile Recovery, says. Aug 26, 2022 · Nikkei staff writers August 26, 2022 12:01 JST. Taiwan Inflation Rate at 4-Month High. Considerable efforts have been made to reduce the The Gross Domestic Product (GDP) in Myanmar was worth 64. Average price data for select utility, automotive fuel, and food items are also available. 43% in May), education & entertainment (1. Inflation Rate in Lebanon decreased to 51. Oct 8, 2023 · CPI is used to measure price changes and consumer changes over a period of time, and is mainly used to calculate the country's inflation rates. 89%, a 2. 3%. 50 percent in May of 2016. This page provides the latest reported value for - Botswana Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term Real GDP growth will slow to 0. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Inflation Rate. Trading Economics provides data for 20 million economic indicators from Mar 1, 2024 · Myanmar's marginal economic growth in 2023 falls short of offsetting the significant 12% economic contraction that the country has experienced since 2021. Inflation Rate in the United States decreased to 3 percent in June from 3. The USDMMK spot exchange rate specifies how much one currency is currently worth in terms of the other. 1990=100, NSA. This page provides - Hungary Inflation Rate - actual values The core inflation rate fell to 2. 3 million. (ii) Annual average inflation: is the percentage change Zambia Inflation Rate Quickens to 2-1/2-Year High of 15. 5: Jun/23 % Serbia Current Account Deficit Widens Sharply historical time series and news. 26B, a 6. dollars are used in Myanmar to import goods and purchase fuel and commodities, but the exchange rate is now 3,100 to the dollar on the foreign currency market, up from 1,330 kyats on the day Feb 27, 2024 · Since 2021 the regime government has struggled to control surging inflation and the declining value of the kyat. Inflation Rate in Germany averaged 2. Inflation Rate in Russia averaged 103. Minimum Bank Deposit Rate. Country. Myanmar - was last updated on Friday, July 19, 2024. 4% annually, the lowest rate since April 2021 and below consensus of 3. Though Myanmar inflation rate (GDP deflator) fluctuated substantially in recent years, it tended to decrease through 1973 - 2022 period ending at 6. 60 percent in the first quarter of 2024 from 4. Inflation Rate in Botswana averaged 6. Consumer price inflation in Myanmar averaged 5. Philippines Inflation Rate Eases to 3-Month Low. 8% in the 12 months to May 2024, down from 3. Inflation Rate in Singapore averaged 2. source: Department of Census and Statistics - Sri The Laspeyres formula is generally used. 67% vs 1. 18 percent in February of 2018. 2% in 2024 – ADO September 2023 Figures are based on the latest edition of ADB's Asian Development Outlook, which analyzes economic and development issues in developing countries in Asia and the Pacific. This page provides - Czech Republic Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 1. On a monthly basis, consumer prices decreased 0. 40 percent in June, 2. The black market rate of the Myanmar kyat has moved from a pre-coup value of K1300 to US$1 to K3900 by September 2023, aided little by issuances of high-denomination bank notes. Inflation, GDP deflator (annual %) in Myanmar was reported at 6. Inflation is down from the June 2022 peak of 9. 26% in May 2024 from 1. 15-7-2024. Growth is expected to remain low but inflation will improve. 2% vs 4. 61 percent in February 2021, 2. 3. 14%, a 0. This marked the highest inflation rate since February, as prices increased at a faster pace for food (4. This page provides the latest reported value for - Ireland Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term The World Bank’s Myanmar Economic Monitor January 2022 projects growth of 1 percent in the year to September 2022. 17 percent in November of 2013 and a record low of 1. source: Instituto Nacional de Estadística y Censo - Panamá. 54 percent in June of 2017. 2% from 0. World Bank national accounts data, and OECD National Accounts data files. 24% in the previous month. Myanmar unemployment rate for 2019 was 0. 78 percent from 2009 until 2024, reaching an all time high of 785. 60 percent in June from 49. 7%pa. 86% increase from 2020. 80 percent in May of 2024. The latest available economic data for Myanmar: GDP growth, inflation rates, and GDP per capita. Central bank has ultimate control of the target. CPI Price, nominal in Myanmar was reported at 157 in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources. Introduction 1. 60 percent from 1962 until 2024, reaching an all time high of 34. Ghana Inflation Rate Falls to Over 2-Year Low of 22. Published by. 3%, better than forecasts of 0. For a developing economy, this is an acceptable level, though What's in the bulletin? The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 2. 5% in the previous month, remaining significantly above the upper limit of the central bank’s range of 5-9%. Feedback. Number of Arrangements since membership: 10. The USDMMK traded at 3,247. 8%, High economic growth and high inflation coexist. Myanmar gdp for 2021 was $66. Still, it remains well above the central bank's target band of 6% to 10%. 20 percent in Dec 12, 2023 · YANGON, December 12, 2023 —Little economic growth is expected in Myanmar in the near term, as rising conflict, trade and logistics disruptions, kyat volatility and high inflation combine to negatively impact businesses and households, the World Bank’s semi-annual Myanmar Economic Monitor said. On a monthly basis, the CPI rose by 0. 70 percent in October of 1951 and a record low of -7. For example, the 12-month inflation rate for November 2017 is the percentage change in the CPI of November 2017 and November 2016. 75 percent in May of 2024. 73 percent from 1993 until 2024, reaching an all time high of 21. 8% was calculated. 93% in June 2022, which is the highest ever throughout history, according to the Central Statistical Organization (CSO). The monthly core inflation rate also fell to 0. 2% last month, driven by higher costs of corn meal, cereals and spirits. The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. 8 percent in the coming years. 5%). 70 percent in June from 4 percent in May of 2024. 6% from a four-month top of 2. Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy Inflation Rate in India increased to 5. 5%pa. 4% in May 2024, compared with a rise of 0. Aug 29, 2022 · U. Inflation Rates. 2024-07-16. 93% and the year on year inflation 19. 40 percent in March of 2019. Myanmar gdp for 2022 was $62. 10 percent in January 2024. 70 percent in May of 2024. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. 78 percent in April of 2023 and a record low of -4. 64 percent. Groundnut oil (Special) (A May Htwar-2 Liter) 20000. Meanwhile, core inflation slowed to 3. 50 percent from 1950 until 2024, reaching an all time high of 11. 8% either side of its reference rate against the dollar, but gave up on Sept. Prices | Analysis. Retail prices of selected commodities. 26%, a 21. Inflation Rate in Pakistan averaged 8. ET, providing information on the inflation rate for the 12 months News Stream. 60 percent in May from 59. Spain's annual consumer price inflation rate was confirmed at 3. 04 percent in September of 2008 and a record low of -2. 2024 Data 2025 Forecast 1987-2018 Historical. 08 percent in June from 4. 1% in May 2024 from a three-month low of 32. Inflation Rate in Zimbabwe averaged 42. Myanmar’s economy is projected to grow by Table Selected Economic Indicators. Myanmar Indicators - was last updated on Thursday, July 18, 2024. This marked the lowest inflation rate since March, as prices slowed for housing & utilities (0. Jul 22, 2022 · YANGON, July 21, 2022 –Myanmar’s economy has faced a series of external and internal disruptions which have impeded recovery from the large contraction in economic activity last year. 83 percent in April 2024 and Central Bank of Myanmar has adopted “Monetary Targeting Monetary Policy Framework” since 2012. In 2021, inflation rate for Myanmar was 3. The 2 days ago · National Statistics. Consistent with the heavily cash- based nature of the economy , and its close link with inflation and output. Line Bar Map. source: Reserve Bank of Zimbabwe. For 2019, an inflation rate of 8. Inflation Rate in Sri Lanka averaged 10. 17% decline from 2020. 20000. Though Myanmar inflation rate fluctuated substantially in recent years, it tended to decrease through 2002 - 2021 period ending at 3. Inflation Rate in Zimbabwe decreased to 33. 06%, but even moderate inflation can rapidly erode purchasing power and creates uncertainty as businesses have more difficulty estimating future costs. 5%. Label. 63% rise in the preceding month. 15 percent from 1915 until 2024, reaching an all time high of 21. 90 percent in April of 2020. Inflation Rate in Lebanon averaged 47. Title File Size Entered Date Download File; Total Page : 9 . 45%). The deceleration in overall inflation was largely driven by non Spain Inflation Rate. Inflation Rate in China decreased to 0. Inflation Rate in Hungary decreased to 3. 48 percent from 2008 until 2024, reaching an all time high of 10. This page provides - Malaysia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor Daily Updates of the Latest Projects & Documents. Jul 4, 2024 · Inflation rate in Myanmar 2029. Maximum Bank Lending Rate (Secured) Maximum Bank Lending Rate (Unsecured) Economy: Myanmar. 10 percent in May from 2. Monthly. Myanmar - Inflation, GDP deflator (annual %) - actual values, historical data, forecasts and projections were 2 days ago · Myanmar 28. 40 percent in February of 1989 and a record low of -2. 50 percent in May of 2020. 70 percent in April of 2024. 6% in February, but still above the midpoint of the SARB's target range of 3% to 6%. The Year on Year Inflation. Inflation Rate in China averaged 4. Inflation Rate in Malaysia averaged 3. While In 2022, inflation rate (GDP deflator) for Myanmar was 6. 4%), due The annual inflation rate in Mauritius was 2. 8%), on the back of falling fuel costs, and food & non-alcoholic beverages (4. 91 percent from 1988 until 2024, reaching an all time high of 18. 51 %. Poverty rates and inflation remain high, increasing the prices of staples like rice, cooking oil, and cereals. Unemployment refers to the share of the labor force The annual inflation rate in Panama slowed to 1. 97 percent in May of 2023 and a record low of -10. 56 percent in October of 2009. 60 percent in July of 2000. 04%. 5% per year. 1% vs 3. The annual inflation rate in Italy was 0. 96 percent from 2012 until 2024, reaching an all time high of 12. The inflation rate for consumer prices in Myanmar moved over the past 59 years between -6. 6 % in 2021. MAIN DRIVERS OF INFLATION IN MYANMAR (1990-2017) By Hnin Htet Htet Win1 1. 32 percent in February of 1959. 30 percent in March of 1974 and a record low of -3. 90 percent in March of 1974 and a record low of -2. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at Nov 2, 2022 · The inflation rate of Myanmar reached a record high of up to 12. 50 percent in December of 2009. This brief focuses on the key developments of Myanmar economy from August to September 2022. The main drivers of the deceleration in overall inflation were the prices of transportation (2. Myanmar - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of Past and current inflation Rate data and information forMyanmar. Hungary Inflation Rate at 5-Month High. 90 percent in November of 1993 and a record low of -3. 21000. The annual urban inflation rate in Egypt further eased to 28. Myanmar inflation rate forecasted at 14% in 2023 and 8. 1. 7% in June. May 2, 2023 · Graph and download economic data for Prices: Consumer Price Index for Myanmar (MMRPCPIPCPPPT) from 1998 to 2028 about Myanmar, consumer prices, consumer, rate, and indexes. 38% decline from 2021. 90 percent in March of 1995. South Africa’s annual inflation rate cooled down to 5. Aaron O'Neill , Jul 4, 2024. 8% increase in the prior month. Article IV/Country Report: March 26, 2020. All Countries and Economies. 8% in June of 2024, remaining unchanged from the prior two months and below Dec 28, 2019 · The latest value for Inflation, GDP deflator: linked series (annual %) in Myanmar was 5. 42%. 78% vs 3. Overall, the price increase was 116,095. The annual inflation rate in Thailand jumped to 1. 6 percent over the Sep 1, 2022 · The recent CBM reshuffle is believed to be an effort to cool inflation. The annual inflation rate in the Philippines edged down to 3. Date of Membership: January 3, 1952. 2024 Data 2025 Forecast 1961-2022 Historical. 7%. 06 percent in November of 2008 and a record low of 0. Most Recent Value. Still, this marked the lowest inflation rate since January 2023, as prices moderated in most of the sub-indices, namely; food Inflation Rate in Czech Republic averaged 4. Inflation Rate in Romania decreased to 4. Over the past 30 years, the value for this indicator has fluctuated between 35. and various geographic areas. Jul 21, 2022 · The outlook for Myanmar’s economy remains weak as surging inflation, dollar shortages and lingering domestic conflict pose challenges to its pandemic recovery, according to the World Bank. (i) 12-month inflation: normally considered as inflation rate, is defined as the percentage change in the monthly consumer price index (CPI). 74% increase from 2019. Ghana inflation rate for 2022 was 31. 9610 on Thursday July 18. In Myanmar, the inflation rate has been fluctuating during the period 1990 to 2017 due to The number of reported COVID-19 cases and deaths has decreased since the end of July. 2 %. 6 %. 30 percent in December of 1992 and a record low of 2. 2 % in 2022. 62 percent in June of 1950. Most indicators suggest economic activity is slowly increasing, albeit from a very low base. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. Consumer Price Index (Union) and Rate of Inflation. 8% from 16. 2% in March, the most since last October, after being flat in the prior two months. 3% in March 2024, from a four-month high of 5. Inflation Rate in Vietnam averaged 5. 97%. Myanmar Economic Monitor July 2022: Reforms Reversed. 58: 27. Jan 30, 2023 · Yangon, January 30, 2023 – Myanmar’s economy remains subject to significant uncertainty, with ongoing conflict disrupting business operations, a World Bank report released today says. GDP ¦ gross domestic product Note Years are fiscal years ending March of the following year (covering April– March) Sources Central Bank of Myanmar Quarterly Statistics Bulletin Volume I Asian Development Bank estimates. 97%, a 0. Italy Inflation Rate Holds at 0. 15 percent in October of 1981 and a record low of -6. In recent years, the total GDP of myanmar has been increasing year by year. 27 percent in May, 2. 10 as pressure on the exchange rate mounted. 3% in April, after a 0. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. While reflecting recent signs of stabilization in some areas, the projection remains consistent with a critically weak economy, around 30 percent smaller than it might have been in the absence of COVID-19 and the February 2021 coup. Spot price of gold at Yangon. 06 as of 2020. In June, the annual rate of inflation was 12. m. 67% decline from 2018. Abstract. Inflation Rate in Sri Lanka increased to 1. Compare Inflation Rate by Country. Inflation Rate in India averaged 5. Key reasons for adoption of “Monetary Targeting”. Over the next one to two years, the economy is Jul 11, 2024 · Current Annual inflation for the 12 months ending June 2024 is 2. 16% vs 3. 1637 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. 00 in 1998 and -2. 50 percent in April of 2024. 34 percent in June from 4. Help us improve this site. Indexes are available for the U. 89 percent from 1951 until 2024, reaching an all time high of 23. 6% in May. Aug 26, 2023 · Inflation rates in Myanmar are increasing at a reasonable rate and the increase in the value of imports is not concerned with the increase in wages, the increase in the amount of currency and the increase in demand, but due to the increase in exchange rates, which should be valued in the calculation of the value of imports, said Dr Lin Aung, vice governor (2) of the Central Inflation Rate in Ireland averaged 4. This page provides - United States Download. 28 percent in March, 2. 8 percent in Myanmar Inflation Rate 1960-2024. 20 percent in April of 1999. However, since the shakeup, the value of the MMK against the US dollar has decreased on a daily basis. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. 07% increase from 2019. Exchange rates have remained steady, while inflation in food and fuel prices has eased. 48%, a 1. 40 percent in September of 2022 and a record low of -0. 56 percent from 2008 until 2024, reaching an all time high of 268. 36% decline from 2018. 08% increase from 2020. br bc ic dv gh jp ja rh gt hd