Yangon, Myanmar, June 16, 2026 (AFP) - Myanmar inflation hits 25% on US-Iran fuel shock: World Bank

NAMPA / AFP

2026-06-16

Myanmar's inflation spiked to nearly 25 percent as shocks from the Middle East conflict compounded the effects of the country's civil war, the World Bank said Tuesday. The Bank also slashed its growth forecast for the financial year that started in April, citing "a less favorable external environment". Myanmar has been mired in civil war since the military snatched power in a 2021 coup, plunging it into a half-decade of instability and a backslid......

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