Inflation downs slightly for consumer good prices
EconomyUIaanbaatar /MONTSAME/ In September, inflation rate decreased by 0.6 percent compared to August and by 0.1 percent compared to the same period of 2015. The decrease mainly reflected price fall by 2.8 percent in food and drinks.
Prices of consumer products and services in Ulaanbaatar went down by 0.9 percent in September compared to the previous month, and by 0.7 percent compared to the same period of last year, and increased by 0.1 percent against the end of 2015.
The price fall was mainly due to the decreases in food, drinks and services of 3.4 percent last month.