Tag: Inflation

Inflation rates hits a low

The annual rate of inflation, based on the Consumer Price Index (CPI), continued dropping to 5.21 per cent in October 2020 as consumer price fell in the back of sluggish consumer demand, according to the inflation report released by the Central Stati

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Inflation rate hits lowest point in over a year

The annual rate of inflation in Myanmar, based on the Consumer Price Index (CPI), continued dropping to 5.8 per cent in September 2020 owing to demand slump triggered by COVID-19, according to a report released by the Central Statistical Organization

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Inflation in June below 8 per cent, first in a year

The Central Statistical Organization (CSO) under the Ministry of Planning, Finance and Industry announced that inflation stood at 7.91 percent in June 2020, the first time it is below 8 per cent in a year. The last time inflation was below the 8 perc

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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

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23 new fuel stations opened in 2020, bringing the total to 2,704

According to official statistics released by the Ministry of Electricity and Energy, 23 new fuel stations were granted a licence and opened their doors in the first 2 months of 2020, bringing the total number of such stations to 2,704. Stations are u

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Inflation on a continuous upward trend

The annual rate of inflation in Myanmar, based on the Consumer Price Index, peaked at 9.06 per cent in January according to a report released by the Central Statistical Organization, under the Ministry of Planning, Finance and Industry. The figure ha

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