Miscellaneous Knowledge Notes

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http://hdl.handle.net/10986/9388
Sustainable Development Goals: SDG 8: Decent Work and Economic Growth × Country: Myanmar × Document Type: Knowledge Notes ×

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    Results from Myanmar Firm Monitoring: Round 13 Detailed Note
    (Washington, DC, 2022-09) World Bank
    On average, firms operated at 58 percent of their capacity in September 2022 - the lowest since December 2021. Almost half of all firms reported that volatility of the kyat was their most pressing concern, and 75 percent of all firms reported negative impacts of the kyat depreciation against the US dollar. In the three months to September 2022, 63 percent of firms raised prices, resulting in a 22 percent average increase in output prices over that period. Only 66 percent of firms were confident in remaining open for the next month - the lowest since December 2021.