Mongolia eyes 7 to 9.3 pct inflation rate in 2019

          Source: Xinhua| 2019-02-05 20:56:54|Editor: xuxin
          Video PlayerClose

          ULAN BATOR, Feb. 5 (Xinhua) -- Mongolia's inflation rate could fluctuate between 7 percent and 9.3 percent through this year, local media reported Tuesday, citing the central bank.

          The annual growth rate of production in Mongolia's mining industry could be 1.9 percent, and the annual growth rate of production in the non-mining sector could be 7.9 percent, according to the regulator's forecast.

          Despite reduced global demand for mineral raw materials, an increase in prices of coal and iron ore could have a positive impact on Mongolia's economy.

          One main reason for the growth of inflation this year may be the weakening of the Mongolian tugrik against the U.S. dollar, experts added.

          The economy of the landlocked East Asian country is centered on mining and livestock agriculture. Mongolia is rich in mineral resources, with copper, coal, molybdenum, tin, tungsten and gold among the most important.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011100001378009161
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  日本人妖一区二区 | 亚洲精品AⅤ在线观看 | 亚洲日韩国产精品午夜福利 | 日韩欧美中文字幕在线图片区 | 偷自拍亚洲综合在线 | 亚洲精品国产二区在线观看 |