Manufacturing Production in Mongolia decreased 15.90 percent in May of 2020 over the same month in the previous year.
Manufacturing Production in Mongolia averaged 9.05 percent from 2010 until 2020, reaching an all time high of 50.90 percent in October of 2017 and a record low of -26.40 percent in March of 2016. This page provides - Mongolia Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Manufacturing Production - values, historical data and charts - was last updated on July of 2020.
Manufacturing Production in Mongolia is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in Mongolia to stand at 3.70 in 12 months time. In the long-term, the Mongolia Manufacturing Production is projected to trend around 3.70 percent in 2021, according to our econometric models.