Amid ongoing crises inflation

Amid ongoing crises, inflation has emerged as a pivotal factor driving the surge in poverty levels across Myanmar. After reaching a five-year low of 3.64% in 2021, inflation escalated dramatically, with consumer price inflation rising to 30.2% by the September quarter of 2023, according to Statista. This stark increase reflects deepening economic vulnerabilities exacerbated by external shocks and internal instability. The Asian Development Bank forecasted an average inflation rate of 8.5% in 2023, building on a 16% rate in 2022, underscoring the persistent inflationary pressure within the economy. สล็อต เว็บตรง