Inflation Dynamics in Mongolia: Understanding the Roller Coaster

Working Paper No. 12/192

Inflation in Mongolia resembles a roller coaster ride with sharp rises and steep drops. Understanding why is critical for formulating and assessing monetary policy. Food prices are found to be a key driver of inflation, and, not surprising given Mongolia's geography, are determined primarily by local supply conditions, highly seasonal, and... READ MORE...

Publication date: July 2012
ISBN 9781475505412

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Publication date: July 2012