Myanmar inflation crushing consumers since military takeover

Rice prices have surged more than 40% while exorbitant gas costs hit transport

20220823 myanmar rice

Weaker logistics and more supply shortages, as well as soaring fertilizer and fuel prices, are contributing to Myanmar's economic woes.

Nikkei staff writers

BANGKOK -- Inflation is rising in military-controlled Myanmar, pushing up prices for rice and other daily necessities as the kyat, the country's currency, has been devalued due to a shortage of foreign exchange.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.