Mongolia Inflation Rate

Last Release

Apr 30, 2025

Actual

8.6

Units In

9.1

Frequency

Monthly

Next Release

Jun 10, 2025

Time to Release

30 Days 1 Hours

Highest	Lowest	Average	Date Range	Source
34.2 Aug 2008	-0.2 Oct 2016	9.41 %	2007-2025	Mongolbank

In Mongolia, the most important categories in the consumer price index are food and non-alcoholic beverages (39.7 percent of the total weight); clothing, footwear (15.3 percent) and housing, water, electricity, gas and other fuels (10.8 percent). The index also includes: transports (9.0 percent); furnishings, household equipment, and tools (5.6 percent); education (5.4 percent); recreation and culture (3.1 percent); communication (2.9 percent); alcoholic beverages and tobacco (2.8 percent); miscellaneous goods and services (2.7 percent); health (1.8 percent) and restaurants and hotels (1.0 percent).

Latest Updates

The annual inflation rate in Mongolia rose by 8.6% in April 2025, marking the lowest level in five months and down from 9.1% in the previous month. The decline was mainly driven by weaker inflation in food and non-alcoholic beverages (6.9% vs 8.4% in March), transport (3.7% vs 4.8%), furnishings, household equipment and tools (6.5% vs 7%), and miscellaneous goods and services (11% vs 11.6%). However, these effects were partly offset by a continued strong increase in housing and utilities (21.7% vs 21.8%), as well as an acceleration in price growth for insurance and financial services (15.3% vs 11%) and for restaurants and hotels (16.7% vs 14.6%). On a monthly basis, consumer prices rose by 0.3% in April, matching the increase recorded in the previous month.