As reported by the National Statistics Office, the inflation rate has stabilized over the last few months, but last month it increased by 0.8 percent.

Rising prices for meat are likely to have influenced the change. National Statistics Office data shows that prices for food and water have increased by 2.5 percent, and the cost of clothes and textiles have increased by 6 percent.

As of the first quarter of this year, Mongolia has carried out trade with 108 countries. Import has decreased by 29.5 percent and export has increased by 9.2 percent.