The Consumer Price Index in Mongolia increased 0.60 percent in December of 2019 over the previous month. Inflation Rate Mom in Mongolia averaged 0.65 percent from 2009 until 2019, reaching an all time high of 3.20 percent in May of 2010 and a record low of -2.80 percent in July of 2010.
Inflation Rate Mom in Mongolia is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Mongolia to stand at 0.50 in 12 months time. In the long-term, the Mongolia Inflation Rate MoM is projected to trend around 0.50 percent in 2020, according to our econometric models.