World Economics reports that Mongolia’s employment rate hits a five-year high

The American Chamber of Commerce in Mongolia

2018-09-19 13:24 GMT+8

World Economics reported that the sales managers’ index for Mongolia stood at 58.3 points in September, as it was in August.

To determine the sales managers’ index, World Economics takes into account five main factors: the employment rate, business confidence index, market growth, sales, and price changes.

According to World Economics analysts, Mongolia's employment rate was at 61.7 percent in September – its highest rate over the last five years. Price changes have consistently scored more than 50 points since April, indicating that inflation has been rising.  

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