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flag Mongolia's inflation rate fell to 7.0% in October, marking a year-over-year decline and improved stability.

flag Mongolia's inflation rate was 7.0% in October, a 2.0 percentage point decrease from last year, indicating improved economic stability. flag While there was a slight increase of 0.3 percentage points from September, the overall trend shows a long-term decline from a peak of 16.4% in July 2022. flag This decrease is attributed to increased foreign exchange reserves and currency stability. flag The government aims to stabilize inflation at around 6% to support economic growth.

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