Inflation rate hits lowest point in over a year

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

Government expects economy to rebound next fiscal year

Although most forecasts have predicted almost no growth this fiscal year, the Ministry of Planning, Finance and Industry expects the economy to rebound to near pre-pandemic levels. On July 13, U Set Aung, deputy minister of the Ministry of Planning,