Consumer goods and service prices nationwide rose by 12.9% in September this year compared with the same period last year and by 0.6% from the previous month.

According to the National Statistics Office, in September this year, prices increased year-on-year by 13.5% for goods, 11.2% for services, 20.8% for food items, and 10% for non-food items.

The annual inflation rate rose from 9% in September 2025 to 12.9% in September this year. This was driven by price increases in imported goods excluding gasoline and other fuels, which contributed 2 percentage points, and domestic goods excluding meat and solid fuels, which contributed 4.4 percentage points.

Of the 12.9% inflation rate, 5.6 percentage points were attributable to price increases in food, beverages and water; 2.2 percentage points to transport; 1.2 percentage points to education services; and 0.9 percentage points to clothing, textiles, and footwear.

The 0.6% month-on-month increase in consumer goods and service prices in September was mainly driven by a 3.2% rise in transport prices.

In Ulaanbaatar, prices for 418 types of goods and services are surveyed for the consumer price basket. Of the 430 types of goods and services in the overall basket, 238 are imported, accounting for 55.3% of the total.

In September this year, prices in the meat and meat products category rose by 46.9% year-on-year, driven by increases of 48.4% in beef prices and 58.5% in mutton and goat meat prices.

Published Date:2026-10-12