Mongolia Inflation Rate Eases in August

2026-09-08 09:55 By Erika Ordonez 1 min. read

The annual inflation rate in Mongolia eased to 12.5% in August 2026, following a more than three-year high of 13.0% in the previous month.

Price growth moderated for food and non-alcoholic beverages (21.5% vs 25.5% in July), health, medical care and services (7.1% vs 7.5%), and miscellaneous goods and services (9.4% vs 9.8%).

Meanwhile, inflation picked up for alcoholic beverages and tobacco (14.2% vs 12.6%), transport (11.2% vs 10.0%), education (17.4% vs 12.8%), clothing, footwear, and cloth (7.4% vs 7.2%), furnishing and household equipment (8.9% vs 8.7%), recreation and culture (7.7% vs 6.6%), housing and utilities (5.4% vs 5.1%), restaurants and hotels (16.4% vs 16.2%), and insurance and financial services (17.1% vs 17.0%).

At the same time, prices remained steady for communication at 1.6%.

On a monthly basis, consumer prices rose 1.1% in August, up from 0.9% in the previous month.



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Mongolia Inflation Rate Eases in August
The annual inflation rate in Mongolia eased to 12.5% in August 2026, following a more than three-year high of 13.0% in the previous month. Price growth moderated for food and non-alcoholic beverages (21.5% vs 25.5% in July), health, medical care and services (7.1% vs 7.5%), and miscellaneous goods and services (9.4% vs 9.8%). Meanwhile, inflation picked up for alcoholic beverages and tobacco (14.2% vs 12.6%), transport (11.2% vs 10.0%), education (17.4% vs 12.8%), clothing, footwear, and cloth (7.4% vs 7.2%), furnishing and household equipment (8.9% vs 8.7%), recreation and culture (7.7% vs 6.6%), housing and utilities (5.4% vs 5.1%), restaurants and hotels (16.4% vs 16.2%), and insurance and financial services (17.1% vs 17.0%). At the same time, prices remained steady for communication at 1.6%. On a monthly basis, consumer prices rose 1.1% in August, up from 0.9% in the previous month.
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