Consumer Price Index Up Nine Percent from 2022

Economy
d.oyunsan@montsame.gov.mn
2023-11-07 17:25:52

Ulaanbaatar, November 7, 2023 /MONTSAME/The Consumer Price Index (CPI), which measures a broad basket of common goods and services, rose by 9.0 percent in October compared to the same period a year ago. The National Statistic Office of Mongolia reported an increase of 6.7 percent from the end of last year, and 0.3 percent increase from the last month.

 

The CPI had risen 9.0 percent in October due to an increase in the following divisions:  

-14.7 percent Food and Non-alcoholic Beverages

- 6.4 percent Alcoholic Beverages and Tobacco

- 7.4 percent Clothing and Footwear

- 3.3 percent Housing, Water, Electricity and Other Fuels 

 -7.5 percent Furniture and Household Appliances 

- 7.6 percent Medicine and Medical Care Service

- 16.9 percent Restaurants and Hotels

- 16.8 percent Education