Tuesday, March 18, 2014

Inflation

Since I am back in Mongolia the inflation is just crazy, all the prices are increasing and sometimes every week.
And since my salary is not increasing I am buying a lot :-)
These are 5 kg noodles, should be enough until I leave!
Hare I have 3 kg porc and 3 kg beef!
All bought in the market for still a reasonable price!
2 kg chicken, bought in a supermarket!
And my beef again.
Just some example:
1 liter milk when I came to mongolia 1600 Tugrik, today 2400 Tugrik: +50%
1kg porc 10 000 T, now 11 000: +10%
Yogourt: 3000 T, now 4500T: +50%
Toilet paper: 400T, now 650 T: +62%
and I can continue with everything!

Bus ticket was 400 T now 500 T: +25%
I would say for the moment the inflation is between 25% to 50%
This is just crazy!!!
Luckily I have no luxes taste so that's ok, but if it continues like that this will be a catastrophe for the country...