Cost of food in Myanmar increased 7.96 percent in October of 2019 over the same month in the previous year. Food Inflation in Myanmar averaged 9.70 percent from 2005 until 2019, reaching an all time high of 42.10 percent in April of 2007 and a record low of -6.30 percent in April of 2012.
Food Inflation in Myanmar is expected to be 8.20 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 5.40 in 12 months time. In the long-term, the Myanmar Food Inflation is projected to trend around 5.30 percent in 2020, according to our econometric models.