Cost of food in Myanmar increased 172.96 percent in January of 2020 over the same month in the previous year.
Food Inflation in Myanmar averaged 12.62 percent from 2005 until 2020, reaching an all time high of 174.13 percent in December of 2019 and a record low of -6.30 percent in April of 2012. This page provides - Myanmar Food Inflation- actual values, historical data, forecast, chart, statistics, economic calendar and news. Myanmar Food Inflation - values, historical data and charts - was last updated on April of 2020.
Food Inflation in Myanmar is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Myanmar to stand at 5.50 in 12 months time. In the long-term, the Myanmar Food Inflation is projected to trend around 6.00 percent in 2021 and 5.50 percent in 2022, according to our econometric models.