Mongolia Inflation Rate Hits 14-Month Low
2026-01-08 10:19
By
Jereli Escobar
1 min. read
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.