Inflation in Myanmar
Myanmar - InflationThe economy is currently reeling from the Covid-19 fallout. Manufacturing activity deteriorated at the fastest pace on record in April, as output, new orders and employment all sank at record rates, amid suspended business operations as a result of the pandemic. On the external front, agriculture exports are suffering from plummeting foreign demand, while the tourism sector is being rocked by the collapse in air travel. In response, on 27 April, the government launched an economic relief plan, which envisages a credit guarantee scheme, tax deferrals and incentives for foreign investors. Meanwhile, the World Bank announced a three-year partnership with Myanmar on 13 May, on the heels of an emergency USD 50 million loan delivered by the Bank in April to support the healthcare system.
Myanmar - Inflation Data
|Inflation Rate (CPI, annual variation in %)||9.4||7.0||4.6||6.9||8.8|
5 years of economic forecasts for more than 30 economic indicators.
Myanmar Inflation Chart
|Bond Yield||16.00||0.0 %||Oct 15|
|Exchange Rate||1,476||0.0 %||Jan 01|
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