Two primary factors contribute to food price trends in the country: exchange rates and fuel prices. Official rate fixed at 2,100 MMK/USD for over two years; online trading rate increased by 1.4% since September 2024 and 20.7% in October 2024 compared to October 2023. Regarding diesel and petrol prices, they rose by 16.4% and 48.8% respectively in October 2024 compared to October 2023.
Monthly Food Price Report – September 2024
The rapidly evolving food security situation in Myanmar requires a high frequency, systematic and comprehensive approach to monitoring. The Myanmar monthly food price report synthesizes food price trends using three publicly available datasets, focusing on key agricultural crops and highlighting regional differences in rice prices. By analyzing these trends, the report aims to provide insights […]