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Myanmar

Market Analysis Unit: Market Price Report - Northern Magway Region (October 2024)

Attachments

KEY FINDINGS

• The food basket rose 13% on supply disruptions, particularly for food items from Sagaing Region;

• Vegetables and essential foods jumped 27% and 13%, respectively, but other sub-baskets were more stable;

• Rice, cooking oil, and pulses each rose 6% or more in October, and higher-quality rice rose 16%;

• Prices increased most sharply in Pakokku, driven by vegetables and essential foods;

• The total basket price rose 6% month-on-month, but it remained fairly close to where it stood in August;

• Conflict-related supply troubles will likely drive prices again in November, particularly for food items.