The annual inflation rate in Mongolia rose to 7.4% in March 2026, following an eighteen-month low of 6.5% in the previous month. Prices increased at a faster pace for food and non-alcoholic beverages (14.1% vs 12.3% in February), alcoholic beverages and tobacco (8.1% vs 7.5%), furnishings, household equipment and tools (7.2% vs 6.3%), and recreation and culture (6.6% vs 6.5%). Additionally, price growth was steady for clothing and footwear (6.5%), communication (1.5%), education (12.8%), insurance and financial services (3.9%), and miscellaneous goods and services (8.7%). Meanwhile, costs moderated for housing and utilities (1.3% vs 2%), health (6.1% vs 6.2%), and restaurants and hotels (9.9% vs 10.6%). On a monthly basis, consumer prices rose 1.2% in March, the highest in seven months, following a 0.5% increase in February. source: Mongolbank

Inflation Rate in Mongolia increased to 7.40 percent in March from 6.50 percent in February of 2026. Inflation Rate in Mongolia averaged 9.34 percent from 2007 until 2026, 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 April of 2026.

Inflation Rate in Mongolia increased to 7.40 percent in March from 6.50 percent in February of 2026. Inflation Rate in Mongolia is expected to be 6.90 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
2026-03-09 08:00 AM
Inflation Rate YoY
Feb 6.5% 7.5% 7.3%
2026-04-08 08:10 AM
Inflation Rate YoY
Mar 7.4% 6.5% 6.4%
2026-05-08 09:00 AM
Inflation Rate YoY
Apr 7.4%


Related Last Previous Unit Reference
Consumer Price Index CPI 122.10 120.70 points Mar 2026
CPI Housing Utilities 127.30 128.20 points Mar 2026
CPI Transportation 104.60 101.70 points Mar 2026
Food Inflation 14.10 12.30 percent Mar 2026
Inflation Rate YoY 7.40 6.50 percent Mar 2026
Inflation Rate MoM 1.20 0.50 percent Mar 2026
Producer Prices 114.00 111.80 points Mar 2026
Producer Prices Change 16.70 14.20 percent Mar 2026


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
7.40 6.50 34.20 -0.20 2007 - 2026 percent Monthly
2023=100, NSA

News Stream
Mongolia Inflation Rate Rises in March
The annual inflation rate in Mongolia rose to 7.4% in March 2026, following an eighteen-month low of 6.5% in the previous month. Prices increased at a faster pace for food and non-alcoholic beverages (14.1% vs 12.3% in February), alcoholic beverages and tobacco (8.1% vs 7.5%), furnishings, household equipment and tools (7.2% vs 6.3%), and recreation and culture (6.6% vs 6.5%). Additionally, price growth was steady for clothing and footwear (6.5%), communication (1.5%), education (12.8%), insurance and financial services (3.9%), and miscellaneous goods and services (8.7%). Meanwhile, costs moderated for housing and utilities (1.3% vs 2%), health (6.1% vs 6.2%), and restaurants and hotels (9.9% vs 10.6%). On a monthly basis, consumer prices rose 1.2% in March, the highest in seven months, following a 0.5% increase in February.
2026-04-08
Mongolia Inflation Rate Slows to 18-Month Low
The annual inflation rate in Mongolia slowed to 6.5% in February 2026 from 7.5% in each of the previous two months, marking the lowest reading since August 2024. Prices increased at a softer pace for food and non-alcoholic beverages (12.3% vs 12.6% in January), clothing, footwear, and cloth (6.5% vs 6.6%), housing and utilities (2% vs 4.3%), health, medical care and services (6.2% vs 6.5%), and miscellaneous goods and services (8.7% vs 8.9%). At the same time, transport costs declined 2.7%, reversing from a 2.1% rise in January. Meanwhile, inflation picked up for furnishing and household equipment (6.3% vs 5.3%), restaurants and hotels (10.6% vs 8.5%), recreation and culture (6.5% vs 6.1%), and alcoholic beverages and tobacco (7.5% vs 7.4%), while prices remained steady for education (12.8%), communication (1.5%), and insurance and financial services (3.9%). On a monthly basis, consumer prices rose 0.5% in February, easing from a 1.1% increase in the preceding period.
2026-03-09
Mongolia Inflation Rate Steady in January
Mongolia’s annual inflation rate stood at 7.5% in January 2026, unchanged from the previous month. Price growth moderated for transport (2.1% vs 2.2% in December 2025), clothing and footwear (6.6% vs 6.9%), housing and utilities (4.3% vs 4.6%), miscellaneous goods and services (8.9% vs 11%), and furnishings and household equipment (5.3% vs 7%), while costs remained unchanged for communication (1.5%) and education services (12.8%). Meanwhile, prices continued to increase for food and non-alcoholic beverages (12.6% vs 11.3%), health (6.5% vs 6.2%), and alcoholic beverages and tobacco (7.4% vs 6.8%). On a monthly basis, consumer prices rose 0.6% in January, matching the same pace as the previous two months.
2026-02-09