As indications grow that an easing of the trade war between the US and China is imminent, export-dependent Mongolia can expect to avoid damage to its GDP growth that would have followed a worsening of the conflict.
Mongolian consumer price inflation was recorded at 7.3% y/y in January, according to latest national statistics office data. In monthly terms, inflation grew slightly by 0.6% in the first month.
Mongolia’s economy grew by 6.9% y/y in 2018, up from the 5.1% growth recorded in 2017 -- much better than expected
Turkey’s decline alarming on a five-year view. Armenia only bright light across whole region.
PM who says he escaped an attempt by Mongolia’s “30 families”, or “the fog”, to topple him paying for survival by juggling various groups’ interests.