Nat’l consumer price index increasing

Economy
en_khuder@montsame.mn
2016-06-14 17:24:42

Ulaanbaatar /MONTSAME/ In May 2016, the national consumer price index (CPI) increased by 0.1% compared to the previous month, by 3.3% from end of 2015 and by 1.8% against the previous year.

The annual increase of 1.8% was mainly due to increases of 1.3 percentage points (69.8%) in education and 0.5 percentage points (26.3 percent) in clothing, footwear and cloth. The CPI increase of 3.3 against end of 2015 was mainly caused by an increase of 14.0% in foods, drinks and water prices.

In May of 2016, the CPI declined by 0.1-1.5% in Orkhon, Uvs, Darkhan-Uul, Sukhbaatar, Gobi-Altai and Khovsgol aimags against April, and it was stable in Khentii and Ovorkhangai aimags. CPI went up by 0.1-1.1% in other 13 aimags in the period.

In the capital city, the CPI increased by 0.1% against April 2016, by 3.2% against end of 2015, and by 1.8% against the same period of the previous year.

Prices of 8.2% of 329 kinds of goods in the consumer basket increased in May 2016 against April, prices of 4.6%--declined and prices of 87.3%--were stable.