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08.04.202608:53:26UTC+00Mongolia Inflation Rate Rises in March

Mongolia’s annual inflation rate accelerated to 7.4% in March 2026, up from an eighteen-month low of 6.5% in February. Price growth picked up notably in several categories, including food and non-alcoholic beverages (14.1% vs 12.3% in February), alcoholic beverages and tobacco (8.1% vs 7.5%), furnishings, household equipment and tools (7.2% vs 6.3%), and recreation and culture (6.6% vs 6.5%).

Inflation remained stable for clothing and footwear (6.5%), communication (1.5%), education (12.8%), insurance and financial services (3.9%), and miscellaneous goods and services (8.7%). In contrast, price increases slowed for housing and utilities (1.3% vs 2.0%), health (6.1% vs 6.2%), and restaurants and hotels (9.9% vs 10.6%).

On a monthly basis, consumer prices rose 1.2% in March, the strongest increase in seven months, following a 0.5% gain in February.

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