Released: 16 December 2018
Sales Managers Report Uptick in Mongolia’s Economic Activity in December
- The Sales Managers Index rose to a healthy 53.1 in December
- The Job Market Index reflects strong hiring patterns
- The Market Growth Index rose significantly
Despite worries over Business Confidence, the pattern of economic activity in Mongolia in December seems generally satisfactory, with some elements of activity clearly growing strongly.
The Job Index in particular suggests a healthy level of new jobs are being created. The main problem appears to be Price Inflation, now rising at a rate generally considered as too fast. Whether this is due to supply constraints, tough winter weather conditions, or some other factor is not currently clear, but we are continuing to try to find more from our Sales Manager panelists.
Mongolia: Headline Sales Managers’ Index (SMI)
The Headline Sales Managers' Index (SMI) - a composite indicator designed to provide the most up-to-date assessment of business activity.
Access Mongolia SMI Charts & Data
JOURNALISTS CAN ACCESS THE DATA & CHARTS OF THE MONGOLIA REPORT ON REQUEST.
VISITORS WISHING TO LEARN ABOUT SUBSCRIPTION RATES CAN GET MORE INFORMATION BY CONTACTING DATA@WORLDECONOMICS.COM OR PHONE: +44 (0) 20 3372 5612.
- HEADLINE SALES MANAGERS’ INDEX (SMI)
- BUSINESS CONFIDENCE INDEX
- MARKET GROWTH INDEX
- SALES GROWTH INDEX
- PRICES CHARGED INDEX
- STAFFING LEVELS INDEX
FOR MORE DETAILS OF THE WORLD ECONOMICS MONTHLY SURVEY OF MONGOLIAN GROWTH PLEASE EMAIL DATA@WORLDECONOMICS.COM OR PHONE: +44 (0) 20 3372 5612