{"id":288715,"date":"2025-01-11T08:21:21","date_gmt":"2025-01-11T00:21:21","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=288715"},"modified":"2025-01-11T08:29:20","modified_gmt":"2025-01-11T00:29:20","slug":"mongolias-inflation-rate-rose-to-9-0-percent-last-month","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=288715","title":{"rendered":"Mongolia&#8217;s Inflation Rate Rose To 9.0 Percent Last Month"},"content":{"rendered":"\n<p>ULAN BATOR, Jan 11 (NNN-APA) &#8211; Mongolia&#8217;s inflation rate, measured by the consumer price index (CPI), reached 9.0 percent in Dec, up from 8.1 percent in Nov, according to official data by the country&#8217;s National Statistics Office (NSO), yesterday.<\/p>\n\n\n\n<p>This marks a 1.1 percentage-point increase, compared to the same period last year, NSO reported.<\/p>\n\n\n\n<p>Mongolia has experienced significant fluctuations in inflation rates in recent years.<\/p>\n\n\n\n<p>Despite the current uptick, the government remains optimistic about the country&#8217;s economic prospects, forecasting an inflation rate of approximately 7.2 percent for this year.<\/p>\n\n\n\n<p>Inflation peaked at 16.4 percent in Jul, 2022, driven largely by rising import costs, particularly for energy and food products.<\/p>\n\n\n\n<p>Since then, inflation has steadily declined, supported by factors such as, increased foreign exchange reserves and the relative stability of the national currency, the tugrik.<\/p>\n\n\n\n<p>Officials stress that, achieving the 2025 inflation target is critical for ensuring sustainable economic growth and boosting consumer confidence in the domestic market.&#8211; NNN-APA   <\/p>\n","protected":false},"excerpt":{"rendered":"<p>ULAN BATOR, Jan 11 (NNN-APA) &#8211; Mongolia&#8217;s inflation rate, measured by the consumer price index (CPI), reached 9.0 percent in Dec, up from 8.1 percent in Nov, according to official data by the country&#8217;s National Statistics Office (NSO), yesterday. This marks a 1.1 percentage-point increase, compared to the same period last year, NSO reported. Mongolia [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":288717,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,300],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/288715"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=288715"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/288715\/revisions"}],"predecessor-version":[{"id":288716,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/288715\/revisions\/288716"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/288717"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=288715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=288715"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=288715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}