Mongolian economy grows by 6.4 percent - News.MN

Mongolian economy grows by 6.4 percent

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2019/06/26

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Mongolian economy grows by 6.4 percent

According to D.Baasan, a specialist at the National Statistic Office, the Mongolian economy grew 6.9 percent in the first 9 months of 2018.

A preliminary estimation indicates that GDP reached MNT 12.8 trillion, a increased of MNT 0.8 trillion (6.4 percent) compared to same period on the  previous year. This increase was mainly due to increases in the service sector of MNT 349.2 billion or 7.0 percent (wholesale and retail trade sector of MNT 88.5 billion or 6.5 percent) and net taxes on products by MNT 305.5 billion or 22.9 percent.

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