The annual inflation rate in Mongolia slowed to 6.5% in February 2026 from 7.5% in each of the previous two months, marking the lowest reading since August 2024. Prices increased at a softer pace for food and non-alcoholic beverages (12.3% vs 12.6% in January), clothing, footwear, and cloth (6.5% vs 6.6%), housing and utilities (2% vs 4.3%), health, medical care and services (6.2% vs 6.5%), and miscellaneous goods and services (8.7% vs 8.9%). At the same time, transport costs declined 2.7%, reversing from a 2.1% rise in January. Meanwhile, inflation picked up for furnishing and household equipment (6.3% vs 5.3%), restaurants and hotels (10.6% vs 8.5%), recreation and culture (6.5% vs 6.1%), and alcoholic beverages and tobacco (7.5% vs 7.4%), while prices remained steady for education (12.8%), communication (1.5%), and insurance and financial services (3.9%). On a monthly basis, consumer prices rose 0.5% in February, easing from a 1.1% increase in the preceding period. source: Mongolbank

Inflation Rate in Mongolia decreased to 6.50 percent in February from 7.50 percent in January of 2026. Inflation Rate in Mongolia averaged 9.35 percent from 2007 until 2026, reaching an all time high of 34.20 percent in August of 2008 and a record low of -0.20 percent in October of 2016. This page provides the latest reported value for - Mongolia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mongolia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Inflation Rate in Mongolia decreased to 6.50 percent in February from 7.50 percent in January of 2026. Inflation Rate in Mongolia is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Inflation Rate is projected to trend around 6.30 percent in 2027 and 6.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-09 09:00 AM
Inflation Rate YoY
Jan 7.5% 7.5% 7.2%
2026-03-09 08:00 AM
Inflation Rate YoY
Feb 6.5% 7.5% 7.3%
2026-04-08 09:00 AM
Inflation Rate YoY
Mar 6.5% 7.5%


Related Last Previous Unit Reference
Consumer Price Index CPI 120.70 120.20 points Feb 2026
CPI Housing Utilities 128.20 128.90 points Feb 2026
CPI Transportation 101.70 103.20 points Feb 2026
Food Inflation 12.30 12.60 percent Feb 2026
Inflation Rate YoY 6.50 7.50 percent Feb 2026
Inflation Rate MoM 0.50 1.10 percent Feb 2026
Producer Prices 111.80 108.60 points Feb 2026
Producer Prices Change 14.20 8.90 percent Feb 2026


Mongolia Inflation Rate
In Mongolia, the most important categories in the consumer price index are food and non-alcoholic beverages (25 percent of the total weight); transports (16 percent); clothing, footwear (12 percent); and housing, water, electricity, and fuels (10 percent). The index also includes: health (7 percent); communication and postal service (6 percent); miscellaneous goods and services (6 percent); furnishings and household equipment (5 percent); education (5 percent); restaurants and hotels (3 percent); recreation and culture (2 percent); alcoholic beverages and tobacco (1 percent); and insurance and finance services (1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
6.50 7.50 34.20 -0.20 2007 - 2026 percent Monthly
2023=100, NSA

News Stream
Mongolia Inflation Rate Slows to 18-Month Low
The annual inflation rate in Mongolia slowed to 6.5% in February 2026 from 7.5% in each of the previous two months, marking the lowest reading since August 2024. Prices increased at a softer pace for food and non-alcoholic beverages (12.3% vs 12.6% in January), clothing, footwear, and cloth (6.5% vs 6.6%), housing and utilities (2% vs 4.3%), health, medical care and services (6.2% vs 6.5%), and miscellaneous goods and services (8.7% vs 8.9%). At the same time, transport costs declined 2.7%, reversing from a 2.1% rise in January. Meanwhile, inflation picked up for furnishing and household equipment (6.3% vs 5.3%), restaurants and hotels (10.6% vs 8.5%), recreation and culture (6.5% vs 6.1%), and alcoholic beverages and tobacco (7.5% vs 7.4%), while prices remained steady for education (12.8%), communication (1.5%), and insurance and financial services (3.9%). On a monthly basis, consumer prices rose 0.5% in February, easing from a 1.1% increase in the preceding period.
2026-03-09
Mongolia Inflation Rate Steady in January
Mongolia’s annual inflation rate stood at 7.5% in January 2026, unchanged from the previous month. Price growth moderated for transport (2.1% vs 2.2% in December 2025), clothing and footwear (6.6% vs 6.9%), housing and utilities (4.3% vs 4.6%), miscellaneous goods and services (8.9% vs 11%), and furnishings and household equipment (5.3% vs 7%), while costs remained unchanged for communication (1.5%) and education services (12.8%). Meanwhile, prices continued to increase for food and non-alcoholic beverages (12.6% vs 11.3%), health (6.5% vs 6.2%), and alcoholic beverages and tobacco (7.4% vs 6.8%). On a monthly basis, consumer prices rose 0.6% in January, matching the same pace as the previous two months.
2026-02-09
Mongolia Inflation Rate Hits 14-Month Low
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.
2026-01-08