Cost of food in Mongolia increased 21.50 percent in August of 2026 over the same month in the previous year. Food Inflation in Mongolia averaged 11.35 percent from 2007 until 2026, reaching an all time high of 55.90 percent in May of 2008 and a record low of -7.60 percent in August of 2009. source: National Statistical Office of Mongolia
Food Inflation in Mongolia is expected to be 24.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Food Inflation is projected to trend around 9.00 percent in 2027 and 6.50 percent in 2028, according to our econometric models.