Mongolia Quarterly Economic Update, October 2011:
The economic rebound in recent quarters has been stronger than expected and the economy is showing signs of overheating. These signs are show up in rising inflation, especially of those goods and services which are in strong demand, but cannot easily be imported or whose local supply cannot readily...
Gespeichert in:
| Körperschaft: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2011
|
| Schriftenreihe: | Economic Updates and Modeling
|
| Online-Zugang: | Volltext |
| Zusammenfassung: | The economic rebound in recent quarters has been stronger than expected and the economy is showing signs of overheating. These signs are show up in rising inflation, especially of those goods and services which are in strong demand, but cannot easily be imported or whose local supply cannot readily be increased to meet the growing demand. Gross Domestic Product (GDP) growth reached 20.8 percent year-on-year (yoy) in Q3, following an outturn of 17.3 percent in Q2. Growth for the year as a whole will likely hit 15 percent, if not more, up from 6.4 percent in 2010, and is being pushed by infrastructure spending as Mongolia develops its vast mineral wealth. Inflation continues its upward trend. The trade deficit is close to record levels (US |
| Beschreibung: | 1 Online-Ressource |
| DOI: | 10.1596/27089 |
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| index_date | 2024-07-03T19:59:57Z |
| indexdate | 2024-10-12T04:01:36Z |
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| series2 | Economic Updates and Modeling |
| spellingShingle | Mongolia Quarterly Economic Update, October 2011 |
| title | Mongolia Quarterly Economic Update, October 2011 |
| title_auth | Mongolia Quarterly Economic Update, October 2011 |
| title_exact_search | Mongolia Quarterly Economic Update, October 2011 |
| title_exact_search_txtP | Mongolia Quarterly Economic Update, October 2011 |
| title_full | Mongolia Quarterly Economic Update, October 2011 |
| title_fullStr | Mongolia Quarterly Economic Update, October 2011 |
| title_full_unstemmed | Mongolia Quarterly Economic Update, October 2011 |
| title_short | Mongolia Quarterly Economic Update, October 2011 |
| title_sort | mongolia quarterly economic update october 2011 |
| url | https://doi.org/10.1596/27089 |
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