Consumer Spending in Mongolia increased to 2407681 MNT Million in the third quarter of 2018 from 2367426.70 MNT Million in the second quarter of 2018. Consumer Spending in Mongolia averaged 2000056.06 MNT Million from 2010 until 2018, reaching an all time high of 2663461.20 MNT Million in the second quarter of 2015 and a record low of 1280815.70 MNT Million in the first quarter of 2010.
Consumer Spending in Mongolia is expected to be 2586370.00 MNT Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Mongolia to stand at 2530744.00 in 12 months time. In the long-term, the Mongolia Consumer Spending is projected to trend around 2886777.00 MNT Million in 2020, according to our econometric models.