Macroeconomy: Mongolia’s inflation hit 11.2% in May, up 2.9 points year-on-year, driven by higher imported goods prices plus meat and some domestically produced items. Construction & Housing: President Khurelsukh met construction and urban development officials, highlighting the sector’s scale—MNT 11.7 trillion in construction and major renovation by end-2025 (about 3.5% of GDP) and over 100,000 jobs—while the ministry prepares revised construction laws and a specialized housing bank. Transport & Logistics: Ulaanbaatar hosted the CAREC Transport Sector Coordinating Committee meeting, with talks on the CAREC Transport Strategy 2030 midterm review, 2026 activities, and plans for transport and logistics centers as Mongolia pushes its “Transit Mongolia” goal. Energy & Mining: Orano began construction at its Mongolia uranium project, marking a new phase for the Dornogobi initiative. Agriculture & Food Security: Mongolia’s wheat push faces a structural gap—much of the country remains fallow—while cheaper grain imports under the EAEU deal (from July 2026) could intensify pressure on local farmers. Public Health & Livestock: Khovd province imposed indefinite foot-and-mouth disease preparedness, banning large gatherings and reporting SAT-1 strain detection; similar outbreaks were noted in Bayan-Ulgii and Dundgovi. Maritime Labor: Four Indian sailors were finally evacuated after 10 months stranded on the Mongolia-flagged AZRA C off Istanbul, after owners were arrested and the ship was left unmanned. Tourism: Mongolia saw 84,035 foreign visitors in May (+26% y/y) and 292,063 in the first five months (+32%), as authorities extend “Years to Visit Mongolia” to reach 1 million arrivals annually.