Mongolia - Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Mongolia was 7.10 as of 2021. As the graph below shows, over the past 28 years this indicator reached a maximum value of 268.15 in 1993 and a minimum value of 0.04 in 1995.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1993 268.15
1994 87.58
1995 0.04
1996 46.89
1997 36.56
1998 9.36
1999 7.56
2000 11.60
2001 6.28
2002 0.92
2003 5.13
2004 8.24
2005 12.72
2006 5.10
2007 9.63
2008 27.96
2009 7.62
2010 10.05
2011 8.41
2012 14.33
2013 10.49
2014 12.25
2015 5.73
2016 0.74
2017 4.31
2018 6.81
2019 7.30
2020 3.69
2021 7.10

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices