Inflation Rate in Mongolia increased to 16.10 percent in June of 2022, the highest since March 2009, from 15.10 percent in the previous month. source: Mongolbank
Inflation Rate in Mongolia averaged 9.36 percent from 2007 until 2022, 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 August of 2022.
Inflation Rate in Mongolia is expected to be 13.50 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 7.00 percent in 2023 and 6.50 percent in 2024, according to our econometric models.