Current inflation Монгол 9.6%
January 2025
Current Inflation
Inflation is very high at 9.6%, far above the ECB target.
Historical Context
Current inflation is around the 5-year average of 9.9%.
- 5-year average
- 9.9%
- 10-year average
- 7.2%
- All-time high (2008)
- 28%
- All-time low (2016)
- 0.7%
Trend
Inflation has remained relatively stable. Compared to 2024, the difference is minimal (+2.8 percentage point).
ECB Target
Inflation is 7.6% 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 €109.60 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 9.6%
- Last year
- 6.8%
- 5-year average
- 9.6%
- All-time high (2008)
- 28%