Cost of food in Mongolia increased 21.50 percent in July of 2022 over the same month in the previous year. source: National Statistical Office of Mongolia

Food Inflation in Mongolia averaged 10.95 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 September of 2022.

Food Inflation in Mongolia is expected to be 18.00 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
Producer Prices Change 24.00 32.70 percent Aug 2022
Producer Prices 204.90 217.30 points Aug 2022
Food Inflation 21.50 19.50 percent Jul 2022