PRICES | ANALYSIS |
CONSUMER PRICE INDEX AND RATE OF INFLATION |
Consumer Price Index (CPI) measures
the average change in the retail prices of goods and services purchased
and consumed by households. In Myanmar, the Central Statistical Organization
produces the CPI and the rate of inflation monthly, with data collection
from 82 townships across all states and regions. The weights used in the production of the CPI are based on the levels of household income and expenditure as observed in the 2012 Household Income and Expenditure Survey. In June 2022, the CPI increased 3.87 points compared to May 2022, leading
to an annual rate of inflation of 12.93% and year on year inflation
of 19.42%. Relative to the 2012 base period, the index number for the
food group was 213.48, the non-food group was 188.69, and the overall
CPI was 203.18. |
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