Rate of inflation remains steady

19 December 2019
Rate of inflation remains steady
Photo: Mizzima

The annual rate of inflation in Myanmar, based on the Consumer Price Index, stood at 8.6 per cent in October, according to a report released recently by the Central Statistical Organization, under the Ministry of Planning, Finance and Industry, state media reported.

The figure showed no remarkable change month-on-month. The rate was registered at 8.61 per cent in September.

The Myanmar Kyat gained against the US dollar in October. The price of imported oil dropped, but domestic fuel oil price was on the higher side.