Inflation Myanmar 2020

Average inflation: 4.2%

Inflation in 2020

Inflation is high at 4.2%, well above the ECB target.

Peak and Trough

The highest inflation was in January at 9.1%. The lowest inflation was in November at 1.0%.

Highest month
January: 9.1%
Lowest month
November: 1.0%
Difference
8.1 percentage points
Months with data
11 of 12

Category Insights

The highest price increase was in Energy with an average of 17.4%. The lowest price increase was in Food with an average of 3.0%.

Highest increase
Energy: 17.4%
Lowest increase
Food: 3.0%

Historical Context

Inflation is 2.1 percentage points lower than the 5-year average of 6.3%.

5-year average
6.3%
10-year average
5.8%
All-time high (2015)
9.4%
All-time low (2012)
1.5%

Trend

Over the period 2018-2020, inflation shows a downward trend. Compared to 2019, inflation has fallen by 4.6 percentage points.

Change vs. previous year
-4.6 percentage points
Largest monthly swing
July: -9.2 percentage points

ECB Target

Inflation is 2.2 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for MMK 100 this year will cost approximately MMK 104 next year at this inflation rate.

Multi-year trend

Monthly figures 2020

Month overview

Month Inflation Difference vs. 2019
January 9.1% +3.0
February 8.4% +1.7
March 6.6% -1.3
April 5.2% -3.5
May 4.2% -5.4
June 4.2% -5.3
July 1.7% -9.2
August 1.8% -8.6
September 2.0% -7.5
October 1.5% -7.2
November 1.0% -7.3
Average 4.2%

Data source

Data from WorldBank. Last updated: 06/01/2026. Not all months available yet.

See also