Inflation Mongolia 2011
Average inflation: 8.5%
Current Inflation
Inflation is very high at 8.5%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 12.1%. The lowest inflation was in May at 3.0%.
- Highest month
- January: 12.1%
- Lowest month
- May: 3.0%
- Difference
- 9.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 11.4%. The lowest price increase was in Food with an average of 9.0%.
- Highest increase
- Energy: 11.4%
- Lowest increase
- Food: 9.0%
Historical Context
Current inflation is 4.3% lower than the 5-year average of 12.8%. This approaches the lowest level since records began (8.1% in 2009).
- 5-year average
- 12.8%
- 10-year average
- 12.8%
- All-time high (2008)
- 28%
- All-time low (2009)
- 8.1%
Trend
Inflation has remained relatively stable. Compared to 2010, the difference is minimal (-1.5 percentage point).
- Change vs. previous year
- -1.5 percentage points
- Largest monthly swing
- May: -8.5 percentage points
ECB Target
Inflation is 6.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €108.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2011
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2010 |
|---|---|---|
| January | 12.1% | +6.4 |
| February | 9.4% | +1.2 |
| March | 6.9% | -1.5 |
| April | 4.5% | -3.9 |
| May | 3.0% | -8.5 |
| June | 5.7% | -5.6 |
| July | 9.5% | -0.4 |
| August | 9.1% | -2.1 |
| September | 10.9% | +0.2 |
| October | 11.1% | -0.1 |
| November | 10.3% | -0.8 |
| December | 8.9% | -4.0 |
| Average | 8.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.