Mongolia’s inflation rate declines by 0.3 percent | Ubpost News: "As of June 2013, Mongolia’s inflation rate reached 8.8 percent, which shows a 0.3 percent decline from May. Food products, drinks and water product prices declined by 0.9 percent; apartment, water, power and fuel prices dropped by 0.7 percent; and transportation costs decreased by 0.9 percent, which mainly influenced the decline in inflation according to the National Statistical Office (NSO).
Mongolia’s gross domestic product (GDP) increased by 26.4 percent from the same period last year. Also, the nation’s monetary supply rose by 1.2 percent, or 96.2 billion MNT, in June compared to the previous month. In comparison with last year, the monetary supply rose by 952.8 billion MNT or 13.5 percent as reported by the NSO."
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Mongolia’s gross domestic product (GDP) increased by 26.4 percent from the same period last year. Also, the nation’s monetary supply rose by 1.2 percent, or 96.2 billion MNT, in June compared to the previous month. In comparison with last year, the monetary supply rose by 952.8 billion MNT or 13.5 percent as reported by the NSO."
'via Blog this'
