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Macroeconomic overview-December 2019

Macroeconomic overview-December 2019

In December, the average nominal exchange rate against the US dollar was MNT 2727.34. This is a 3.4% or by 89.9 MNT increase from the same period in 2018, and a 0.8% or by 22 MNT increase from November 2019.  More…

Macroeconomic overview-November 2019

Macroeconomic overview-November 2019

In November, the average nominal exchange rate against the US dollar was MNT 2705.26. This is a 4.8% or by 123 MNT increase from the same period in 2018, and a 1% or by 27 MNT increase from October 2019. More…

Macroeconomic overview-October 2019

Macroeconomic overview-October 2019

In October, the national consumer price index decreased by 0.3% compared to September 2019, and increased by 5.1% in the year to date. Annual inflation is 7.6%. The consumer price index has increased due to prices of food and beverages,…

Macroeconomic overview-September 2019

Macroeconomic overview-September 2019

Total turnover of foreign trade reached USD 10545 billion, a 9.4% increase compared to the same period in 2018. Exports increased by 12.5% from the last year, while imports increased by 5.6%. The trade surplus reached USD 1347 million. More…

Macroeconomic overview-August  2019

Macroeconomic overview-August 2019

Total turnover of foreign trade reached USD 9478.3 billion, an 11.8% increase compared to the same period in 2018. Exports increased by 15.3% from the last year, while imports increased by 7.6%. The trade surplus reached USD 1295 million. More…

Macroeconomic overview-July 2019

Macroeconomic overview-July 2019

In July, the national consumer price index increased by 0.2% compared to June 2019, and increased by 5.1% in the year to date. Annual inflation is 7.4%. TThe consumer price index has increased due to prices of food and beverages,…

Macroeconomic overview-June 2019

Macroeconomic overview-June 2019

In June, the average nominal exchange rate against the US dollar was MNT 2654.47. This is a 9.1% or by 222 MNT increase from the same period in 2018, and a 0.35% or by 9.3 MNT increase from May 2019.…

Macroeconomic overview-May 2019

Macroeconomic overview-May 2019

In the first quarter of 2019, Mongolia’s total external debt outstanding reached USD 29.5 billion. Mongolia’s government debt stood at USD 7.2 billion. Total external debt increased by 3 percent on the previous quarter (USD 8778.6 million). Government debt increased…

Macroeconomic overview- April 2019

Macroeconomic overview- April 2019

GDP growth in the first quarter of 2019 (at 2010 constant prices) reached MNT 3.5 trillion, an increase of MNT 18,338 billion from the same period in 2018 and economic growth grew by 8.6%. The 8.6% increase in GDP was…

Macroeconomic overview- March 2019

Macroeconomic overview- March 2019

In the fourth quarter of 2018, Mongolia’s total external debt outstanding reached USD 28.7 billion (86 percent of GDP). Mongolia’s government debt stood at USD 7 billion. Total external debt increased by 3 percent on the previous quarter (USD 831.8…

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