The annual inflation rate in Mongolia eased to 7.5% in December 2025, from 8.2% in the previous month. It marked the lowest reading since October 2024, as prices moderated across all major categories, namely food and non-alcoholic beverages (11.3% vs 12% in November), transport (2.2% vs 4.3%), and housing and utilities (4.6% vs 5.8%). Inflation also increased at a softer pace for clothing and footwear (6.9% vs 7.8%), furnishings and household equipment (7% vs 7.2%), recreation and culture (7% vs 7.1%), and restaurants and hotels (10.5% vs 10.9%). Meanwhile, costs accelerated for alcoholic beverages and tobacco (6.8% vs 5.6%), health (6.2% vs 5.9%), communication (1.5% vs 1.4%), and miscellaneous goods and services (11% vs 10.2%), and prices remained unchanged for education (12.8%) and insurance and financial services (15.3%). On a monthly basis, consumer prices stood at 0.6% in December, unchanged from the previous month. source: Mongolbank

Inflation Rate in Mongolia decreased to 7.50 percent in December from 8.20 percent in November of 2025. Inflation Rate in Mongolia averaged 9.37 percent from 2007 until 2025, reaching an all time high of 34.20 percent in August of 2008 and a record low of -0.20 percent in October of 2016. This page provides the latest reported value for - Mongolia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mongolia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Inflation Rate in Mongolia decreased to 7.50 percent in December from 8.20 percent in November of 2025. Inflation Rate in Mongolia is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Inflation Rate is projected to trend around 6.30 percent in 2027 and 6.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-10 08:00 AM
Inflation Rate YoY
Nov 8.2% 9.2% 8.4%
2026-01-08 09:00 AM
Inflation Rate YoY
Dec 7.5% 8.2% 8.0%
2026-02-09 09:00 AM
Inflation Rate YoY
Jan 7.5% 7.2%


Related Last Previous Unit Reference
Consumer Price Index CPI 118.80 118.10 points Dec 2025
CPI Housing Utilities 129.10 129.00 points Dec 2025
CPI Transportation 103.20 103.80 points Dec 2025
Food Inflation 11.30 12.00 percent Dec 2025
Inflation Rate YoY 7.50 8.20 percent Dec 2025
Inflation Rate MoM 0.60 0.60 percent Dec 2025
Producer Prices 104.30 101.60 points Dec 2025
Producer Prices Change 1.30 0.70 percent Dec 2025


Mongolia Inflation Rate
In Mongolia, the most important categories in the consumer price index are food and non-alcoholic beverages (25 percent of the total weight); transports (16 percent); clothing, footwear (12 percent); and housing, water, electricity, and fuels (10 percent). The index also includes: health (7 percent); communication and postal service (6 percent); miscellaneous goods and services (6 percent); furnishings and household equipment (5 percent); education (5 percent); restaurants and hotels (3 percent); recreation and culture (2 percent); alcoholic beverages and tobacco (1 percent); and insurance and finance services (1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
7.50 8.20 34.20 -0.20 2007 - 2025 percent Monthly
2023=100, NSA

News Stream
Mongolia Inflation Rate Hits 14-Month Low
The annual inflation rate in Mongolia eased to 7.5% in December 2025, from 8.2% in the previous month. It marked the lowest reading since October 2024, as prices moderated across all major categories, namely food and non-alcoholic beverages (11.3% vs 12% in November), transport (2.2% vs 4.3%), and housing and utilities (4.6% vs 5.8%). Inflation also increased at a softer pace for clothing and footwear (6.9% vs 7.8%), furnishings and household equipment (7% vs 7.2%), recreation and culture (7% vs 7.1%), and restaurants and hotels (10.5% vs 10.9%). Meanwhile, costs accelerated for alcoholic beverages and tobacco (6.8% vs 5.6%), health (6.2% vs 5.9%), communication (1.5% vs 1.4%), and miscellaneous goods and services (11% vs 10.2%), and prices remained unchanged for education (12.8%) and insurance and financial services (15.3%). On a monthly basis, consumer prices stood at 0.6% in December, unchanged from the previous month.
2026-01-08
Mongolia Inflation Rate Slows in November
The annual inflation rate in Mongolia slowed to 8.2% in November 2025, following an eight-month high of 9.2% in the previous month. Prices moderated mainly for housing and utilities (5.9% vs 19.3% in October), restaurants and hotels (11.0% vs 11.3%), and health (5.8% vs 5.9%). Meanwhile, inflation picked up food and non-alcoholic beverages (12.0% vs 11.8%), alcoholic beverages and tobacco (5.6% vs 5.3%), clothing, footwear, and cloth (7.7% vs 6.7%), furnishing and household equipment (7.2% vs 7.0%), transport (4.2% vs 4.0%), recreation and culture (7.1% vs 5.5%), and miscellaneous goods and services (10.2% vs 8.9%). On a monthly basis, consumer prices edged up 0.6% in November from a 0.7% increase in the preceding period.
2025-12-10
Mongolia Inflation Rate Hits 8-Month High
The annual inflation rate in Mongolia rose to 9.2% in October 2025 from 9% in the previous month, marking the highest reading since February. Prices increased at a faster pace for food and non-alcoholic beverages (11.9% vs 10.6% in September), recreation and culture (5.5% vs 5.3%), and miscellaneous goods and services (8.9% vs 8.1%). Additionally, price growth was steady for alcoholic beverages and tobacco (5.3%), furnishings, household equipment and tools (7%), transport (4.1%), insurance and financial services (15.3%), and education (12.8%). On the other hand, costs moderated for clothing and footwear (6.7% vs 7.9%), health (5.9% vs 6.5%), housing and utilities (19.3% vs 19.4%), communication (1.4% vs 1.5%), and restaurants and hotels (11.3% vs 11.4%). On a monthly basis, consumer prices rose 0.6% in October from 0.2% in the previous month.
2025-11-11