Industrial Production in Mongolia increased 2.90 percent in May of 2019 over the previous month. Industrial Production Mom in Mongolia averaged 0.93 percent from 2010 until 2019, reaching an all time high of 22.60 percent in June of 2013 and a record low of -19.20 percent in January of 2015.
Industrial Production Mom in Mongolia is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Mongolia to stand at 2.20 in 12 months time. In the long-term, the Mongolia Industrial Production MoM is projected to trend around 1.10 percent in 2020, according to our econometric models.