World Economics reports that economic growth in Mongolia rose to 51.3 points in January 2018 according to its Sales Managers’ Index.
The Mongolian index has been at over 50 points for the past eight months. Business confidence rebounded in January as well.
The business confidence index was at around 30 units in 2016, over 50 units in 2017, and reached 52.8 units in 2018. According to the National Statistics Office, the inflation rate was 6.4 percent in 2017.
World Economics reports that economic growth in Mongolia rose to 51.3 points in January 2018 according to its Sales Managers’ Index.
The Mongolian index has been at over 50 points for the past eight months. Business confidence rebounded in January as well.
The business confidence index was at around 30 units in 2016, over 50 units in 2017, and reached 52.8 units in 2018. According to the National Statistics Office, the inflation rate was 6.4 percent in 2017.