NATIONAL CONSUMER PRICE INCREASED

Ulaanbaatar, Mongolia /MONTSAME/ The national consumer price index in October of 2011 increased by 0.8 percent compared to the previous month, increased by 6.7 percent from December 2010, and increased by 10.9 percent compared to the same period of the previous year.


The increase in national index compared to the previous month was mainly due to the increases of 0.4 percent in food and non-alcoholic beverages, 1.6 percent in clothing, footwear and cloth, and 2.6 percent in housing, water, electricity and fuels.

According to the report of the Bank of Mongolia, money supply (broad money or M2) at the end of October 2011 reached 6,088.3 billtion togrog reflecting an increase of 24.4 billion togrog or 0.4 percent against the previous month, and by 2,215.2 billion togrog or 57.2 percent compared to the same period previous year.

B.Oyundelger

Comments

Popular posts from this blog