Mongolia Tasa De Inflación

The annual inflation rate in Mongolia increased to 9.0% in December 2024 from 8.1% in the previous month. This marked the highest reading since October 2023, as prices accelerated for most cpi groups namely: food and non-alcoholic beverages (8.9% vs 7.4% in November), clothing & footwear (9.4% vs 8.4%), housing & utilities (23% vs 22.1% ), and restaurants & hotels (11.1% vs 9.3%). Meanwhile, costs remained unchanged for communication (at 1.6%) and education (at 18.6%). On a monthly basis, consumer prices rose by 1.2%, following a 1.7% gain in the preceding period.