The inflation rate in Myanmar was recorded at 8.72 percent in October of 2019. Inflation Rate in Myanmar averaged 13.63 percent from 1998 until 2019, reaching an all time high of 54.02 percent in December of 2002 and a record low of -1.09 percent in December of 2011.
Inflation Rate in Myanmar is expected to be 7.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Myanmar to stand at 6.80 in 12 months time. In the long-term, the Myanmar Inflation Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.