Inflation rate yet again above 8% for the 10th consecutive month

Myanmar’s Central Statistical Organisation (CSO), under the Ministry of Planning, Finance and Industry, released the inflation figure for the month of March 2020 standing at 9.01%.

This marks the 10th consecutive month with an inflation above 8%, the last time being in June 2019. Inflation is calculated based on the Consumer Price Index measuring the average change in the retail prices of goods and services purchased and consumed by households. The weights are based on a 2012 Household Income and Expenditure Survey conducted by the Central Statistical Organization.

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