Thursday November 15 2018
Mongolia Inflation Rate at 6.30 percent


Annual inflation rate in Mongolia went up to 6.3 percent in October 2018 from 5.7 percent in the previous month. Prices advanced faster for transport (8.3 percent from 5.7 percent in September); recreation & culture (9.9 percent from 9.2 percent) and alcoholic beverages & tobacco (8.1 percent from 8 percent). Meantime, inflation was steady for education (at 5.7 percent, the same as in the prior month) and health (at 12.7 percent). Contrarily, cost slowed for food & non-alcoholic beverages (5.4 percent from 5.6 percent); clothing & footwear (3.5 percent from 3.6 percent); housing, utilities & fuel (11 percent from 11.1 percent); furniture & household equipment (5.5 percent from 6.1 percent); miscellaneous goods & services (4.6 percent from 4.8 percent) and restaurant & hotels (3.8 percent from 6.2 percent). On a monthly basis, consumer prices went up 1 percent, following a 0.1 percent drop in September.





Thursday November 15 2018
Mongolia Unemployment Rate at 6.90 percent


Mongolia's unemployment rate fell to 6.9 percent in the third quarter of 2018 from 9.1 percent in the same period of the previous year. It was the lowest jobless rate since the third quarter of 2015, as the number of unemployed decreased by 26.4 thousand to 92.4 thousand while the number of employed rose by 48 thousand to 1,238.9 thousand. Also, the participation rate went up to 61.3 percent in the third quarter from 61.1 percent a year ago.





Thursday November 15 2018
Mongolia Industrial Production at 17.00 percent


Industrial production in Mongolia jumped 17 percent year-on-year in October 2018, from a 0.7 percent gain in the previous month. It was the steepest increase in industrial production since September 2017, as output surged 21.7 percent for mining & quarrying (after showing no growth in September), mostly driven by coal & lignite (63 percent from -3.2 percent); and rebounded for manufacturing (2.3 percent from -1.4 percent), as production went up for coke (32.3 percent from -10.5 percent), textiles (11.3 percent from 4.4 percent) and non-metallic mineral products (64.4 percent from 9.1 percent). Contrarily, production of electricity, thermal energy & water supply slowed to 9.3 percent (from a 12.2 percent gain in the prior month). On a monthly basis, industrial output increased 10.8 percent, following a 13.7 percent rise in September.





Thursday November 15 2018
Mongolia GDP Annual Growth Rate at 6.40 percent


Mongolia's gross domestic product rose by 6.4 percent in the first nine months of the year, compared with an upwardly revised 6.0 percent increase in the same period of 2017. It was the strongest expansion since the last quarter of 2014 when it jumped 7.9 percent. Services output was the main driver of growth (7.0 percent), followed by industry & construction (2.3 percent) and agriculture (1.7 percent).





Thursday November 15 2018
Mongolia Imports at 524.54 USD Million


Imports to Mongolia jumped 36.5 percent year-on-year to USD 524.5 million in October 2018.





Thursday November 15 2018
Mongolia Exports at 662.02 USD Million


Exports from Mongolia grew 9.2 percent year-on-year to USD 662 million in October 2018.





Thursday November 15 2018
Mongolia Balance of Trade at 137.48 USD Million


Mongolia's trade surplus narrowed to USD 137.5 million in October 2018 from USD 221.9 million in the same month of the previous year, as imports jumped 36.5 percent year-on-year to USD 524.5 million, while exports grew at a softer 9.2 percent to USD 662 million. Considering the first ten months of 2018, the trade surplus decreased by 36.4 percent year-on-year to USD 1,069.2 million from USD 1,680 million in the previous year.





Wednesday November 14 2018
Mongolia - Credit Rating at 36.25


S&P Global Ratings raised on Friday 9 November 2018 Mongolia's sovereign credit rating to "B" from "B-" and assigned a stable outlook. The agency said that the government's fiscal performance has been remarkably strong owing to higher commodity prices, stricter spending controls, and a significant acceleration in economic growth. Moody's credit rating for Mongolia was last set at B3 with stable outlook. Fitch's credit rating for Mongolia was last reported at B with stable outlook.





Saturday November 10 2018
Mongolia Money Supply M1 at 3423121.50 MNT Million


Money Supply M1 in Mongolia increased to 3423121.50 MNT Million in September from 3222364.60 MNT Million in August of 2018.





Saturday November 10 2018
Mongolia Money Supply M2 at 17920219.40 MNT Million


Money Supply M2 in Mongolia increased to 17920219.40 MNT Million in September from 17440800 MNT Million in August of 2018.