Mongolia Inflation Rate at 5-Month High

The annual inflation rate in Mongolia rose to 8.8% in August 2025 from 8.1% in the previous month. This marked the highest reading since March, as prices accelerated for food and non-alcoholic beverages (9.9% vs 6.4% in July), health (6.2% vs 5.2%), transport (3.6% vs 2.9%), restaurants and hotels (12.8% vs 12%), alcoholic beverages and tobacco (4.9% vs 4.3%), and communication (1% vs 0.8%). On the other hand, costs moderated for education (12.8% vs 18.2%), clothing and footwear (8.4% vs 9.1%), furnishings, household equipment and tools (5.8% vs 6.3%), recreation and culture (5.6% vs 6%), miscellaneous goods and services (8.6% vs 10%), and housing and utilities (19.8% vs 19.9%). Additionally, prices were stable for insurance and financial services (15.3%). On a monthly basis, consumer prices rose 1.6% in August, rebounding from a 0.1% decline in the previous month.