Mongolia Inflation Rate at 7-Month Low

2025-07-09 09:37 By Erika Ordonez 1 min. read

The annual inflation rate in Mongolia edged down to 8.2% in June 2025 from 8.3% in the previous month.

This marks the lowest inflation reading since November 2024, as prices moderated for alcoholic beverages and tobacco (3.7% vs 3.8% in May), housing and utilities (21% vs 21.5%), furnishings, household equipment and tools (6.5% vs 6.7%), transport (4.3% vs 4.5%), and restaurants and hotels (12.1% vs 14%).

Moreover, costs remained unchanged for food and non-alcoholic beverages (5.6%), health (5.1%), education (18.2%), insurance and financial services (15.3%), and miscellaneous goods and services (10.7%).

Meanwhile, inflation increased for clothing and footwear (9.1% vs 9.0%) and recreation and culture (6.2% vs 5.5%).

On a monthly basis, consumer prices stood at 0.2% in June, matching the same pace as in May.