In March 2020 the average inflation rate of 9 million to 10 percent last February, which occurred with the decline of the inflation rate back to more than a few percent more than 10 consecutive months and eight percent increase in the rate of inflation, according to the Central Statistical Organization released the Consumer Price Bronze inflation rate cases that are reported.
In March 2020 average inflation rate at 9 million a year in February to 10 percent in 2020 compared with 20 percent inflation rate of 9 million, a slight decline from the rate of inflation, according to the Central Statistical Organization since April .2018 until September 2019 financial customers The rate was increased by 18 consecutive months. The decline was slightly lower in October and November, followed by a January / February 2019 gain in January and February, and a decline in March.
The inflation rate, based on the 2012 consumer price index for the whole of 2012, averaged 9.10 percent year on year, up from 6.20 percent year-on-year, with annual inflation of 6.61 percent.
In March, 2020, the highest inflation rate in Ayeyarwady Region was the highest, with the second highest rate at 12.54% in Mandalay and the third highest at 11.5% in Magway Region.
According to the Central Statistical Organization, the annual inflation rate for the year to March 2020 was the highest, with a rise of 12.36% in Mandalay and at least 2.8% in Mon State.
In November 2012, the Central Statistical Survey conducted a survey of 32,669 households in household income and consumption surveys in 82 townships to calculate consumer price and inflation rates across the country.
Previously, inflation was calculated based on 2006, but now the base year is calculated based on the 2012 survey.
To reduce inflation; Money The second five-year short-term plan for National Development (2016-2017 FY2020-2021 FY) will be undertaken based on trade and foreign exchange control policies, according to the report.