Cost of food in Mongolia increased 18 percent in May of 2022 over the same month in the previous year. source: National Statistical Office of Mongolia

Food Inflation in Mongolia averaged 10.85 percent from 2007 until 2022, reaching an all time high of 55.90 percent in May of 2008 and a record low of -7.60 percent in August of 2009. This page provides the latest reported value for - Mongolia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mongolia Food Inflation - values, historical data and charts - was last updated on June of 2022.

Food Inflation in Mongolia is expected to be 20.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Food Inflation is projected to trend around 10.00 percent in 2023 and 9.00 percent in 2024, according to our econometric models.

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Mongolia Food Inflation

Related Last Previous Unit Reference
Food Inflation 18.00 16.80 percent May 2022
Producer Prices Change 43.30 56.80 percent Apr 2022
Producer Prices 220.74 220.50 points Apr 2022