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Mongolia’s Sales Managers Index reaches a four-month low in August www.gogo.mn
World Economics reported that Mongolia’s Sales Managers Index dropped to 58.3 points – its lowest rate over the last four months.
Analysts from World Economics associated the decrease with the National Naadam Festival. In the months before Naadam, the Sales Managers’ Index had been dramatically increasing, thus reaching more than 60 points, but the index started plummeting in July.
World Economics highlighted that Mongolia’s business confidence index has been in a growth zone since the beginning of 2018, heralding the expectation that the business climate will further improve.
Published Date:2018-08-21
