Mongolia Inflation Rate

The inflation rate in Mongolia was recorded at 12.40 percent in March of 2014. Inflation Rate in Mongolia is reported by the Mongolbank. Inflation Rate in Mongolia averaged 12.50 Percent from 2007 until 2014, reaching an all time high of 31.90 Percent in July of 2008 and a record low of -1.90 Percent in September of 2009. In Mongolia, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Mongolia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
12.40 12.20 31.90 -1.90 12.64 | 2014/06 2007 - 2014 Percent Monthly

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Mongolia Inflation Rate
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Prices Last Previous Highest Lowest Forecast Unit
Inflation Rate 12.40 2014-03-31 12.20 31.90 -1.90 12.64 2014-06-30 Percent [+]
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Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


RELATED NEWS

Mongolia Unemployment Rate at 7.60 Percent  
Unemployment Rate in Mongolia increased to 7.60 percent in the third quarter of 2013 from 7.30 percent in the second quarter of 2013. Unemployment Rate in Mongolia is reported by the National Statistical Office of Mongolia.
Mongolia Current Account to GDP at -27.89 Percent  
Mongolia recorded a Current Account deficit of 27.89 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Mongolia is reported by the Mongolbank.
Mongolia Balance of Trade at -21.13 USD Million  
Mongolia recorded a trade deficit of 21.13 USD Million in January of 2014. Balance of Trade in Mongolia is reported by the Mongolbank.
Mongolia Exports at 219.18 USD Million  
Exports in Mongolia decreased to 219.18 USD Million in January of 2014 from 405.60 USD Million in December of 2013. Exports in Mongolia is reported by the Mongolbank.
Mongolia Imports at 240.30 USD Million  
Imports in Mongolia decreased to 240.30 USD Million in January of 2014 from 438.80 USD Million in December of 2013. Imports in Mongolia is reported by the Mongolbank.
Mongolia GDP Annual Growth Rate at 11.70 Percent  
The Gross Domestic Product (GDP) in Mongolia expanded 11.70 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Mongolia is reported by the National Statistical Office of Mongolia.
Mongolia Current Account at -71.00 USD Million  
Mongolia recorded a Current Account deficit of 71 USD Million in January of 2014. Current Account in Mongolia is reported by the Mongolbank.
Mongolia Inflation Rate at 12.40 Percent  
The inflation rate in Mongolia was recorded at 12.40 percent in March of 2014. Inflation Rate in Mongolia is reported by the Mongolbank.
Mongolia Interest Rate at 10.50 Percent  
The benchmark interest rate in Mongolia was last recorded at 10.50 percent. Interest Rate in Mongolia is reported by the Mongolbank.
Mongolia Personal Income Tax Rate at 10.00 percent  
The Personal Income Tax Rate in Mongolia stands at 10 percent. Personal Income Tax Rate in Mongolia is reported by the General Department of National Taxation.
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