Monitoring the agri-food system in Myanmar: The rising costs of diets and declining purchasing power of casual wage laborers: December 2021–June 2024
About this ebook
Key Findings:
Between the second quarters of 2023 and 2024, diet costs rose steadily by 40 and 41 percent for healthy and common diet costs, respectively.
The median price of rice—the major staple—increased by 54 percent between the second quarters of 2023 and 2024 and was the main driver of the 41 percent increase in the cost of the common diet.
The most conflict-affected states suffered more from food price inflation. Between the second quarters of 2023 and 2024, common diet costs increased by 81 percent in Rakhine, 61 percent in Chin, and 48 percent in Kachin. In the second quarter of 2024, both healthy and common diet costs were highest in Rakhine followed by Chin.
Over the full period of surveys (December 2021–June 2024), the cost of the healthy diet rose by 121 percent and the common diet by 131 percent; rice and onion prices more than tripled; pulse, chicken, leafy green, and banana prices at least doubled; and all other food prices increased by at least 50 percent.
Between the second quarters of 2023 and 2024, purchasing power of daily urban construction wages relative to healthy and common diet costs declined by about 14 percent. The purchasing power of rural agricultural wages to healthy and common diet costs fell by about 4 percent. Adjusted for the cost of one kilogram of rice, urban construction wages fell by 25 percent and rural agricultural wages fell by 14 percent.
Food costs outpaced wages, particularly in urban areas, making food increasingly unaffordable for wage earners who are among the most vulnerable household groups in Myanmar. However, nominal wages rose at a faster pace between the second quarters of 2023 and 2024 compared to 2022 and 2023, slowing the pace of declining real wages.
