In the year following September 2021—the budget year—the military coup, inflation in Myanmar reached 7.3%.Under the NLD government, Myanmar’s average inflation rate was 6.4% between 2017 and 2019 and fell to 5.2% by 2020 due to lower food and electricity prices, according to the World Bank’s 2022 Myanmar Economic Monitor.

In January 2021, preceding the tactical overthrow, it fell another 0.7 percent. However, food and fuel prices increased to 7.3% in September 2021 (the second fiscal year) following the military coup.