FOOD PRICES SPIKE

As of March 22, according to the National Statistical Office (NSO), prices for consumer goods increased by 0.2 percent after March 15 and have been up by slightly less than six percent since February.

MEAT

The NSO reported that prices for bone-in mutton increased by 0.2 percent, bone-in beef was up by 0.6 percent, and filleted beef was up by 0.6 percent after March 15. Prices for bonein goat meat fell by 2.6 percent and the price for bone-in horse meat remained the same.

Compared to February, all types of meat sold for prices at least five percent higher. Prices for bone-in mutton increased by 9.8 percent, bone-in beef by 5.1 percent, filleted beef by five percent, bone-in horse meat by 5.4 percent, and bone-in goat meat by 7.3 percent.

On average, bone-in mutton is currently being sold for 6,620 MNT per kilogram, bonein beef for 7,785 MNT, filleted beef for 9,010 MNT, bone-in horse meat for 4,875 MNT, and bone-in goat meat for 4,700 MNT per kilogram.

VEGETABLES

Prices for most vegetables have spiked since last month, except for potato prices, which fell by 1.7 percent.

The prices for carrots rose by 1.4 percent, beets rose by 5.9 percent, and onions rose by 2.8 percent in the past month, while cabbage prices doubled.

On average, cabbage is being sold for 2,000 MNT per kilogram, beets for 1,400 MNT, carrots for 1,040 MNT, and potato for 750 MNT per kilogram at most large markets in Ulaanbaatar.

DAIRY PRODUCTS

As of February 22, the price for one liter of processed milk rose by more than five percent to 2,400 MNT, and raw milk rose by 33.3 percent. The price for a half liter of packaged milk fell by 2.1 percent and is being sold for 1,100 MNT.

There haven’t been any significant changes to the prices for most dairy products since March 15, apart from the price for a single liter of packaged milk, which rose by 2.1 percent.

Sour cream has been selling for the same price since March 15, which was 1.1 percent higher than it was in February 22. Sour cream imported from Russia costs an average of 3,400 MNT in Ulaanbaatar.

OTHER STAPLES

Prices for flour, sugar, vegetable oil, rice, and eggs have not seen changes in the past three weeks, but they have risen slightly since February.

Compared to February, prices for eggs rose by 7.6 percent to 320 MNT, vegetable oil by 0.4 percent to 3,700 MNT, sugar by 5.8 percent to 2,350 MNT per kilogram, and white rice rose by 0.4 percent to 2,480 MNT per kilogram. Meanwhile, the price for one kilogram of all-purpose flour rose by 2.7 percent, with most markets selling it for 1,200 to 1,300 MNT. Bread flour and unbleached flour prices rose by 2.4 percent respectively, ranging between 800 MNT and 1,300 MNT.