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CONSUMER INFLATION EXPECTATIONS SURVEY

CONSUMER INFLATION EXPECTATIONS SURVEY
06
Sep

CONSUMER INFLATION EXPECTATIONS SURVEY

Mongolbank has conducted its quarterly “survey on the consumer inflation expectation” and the results have showed there is a growing expectation that the tugrug will appreciate against the foreign currency. Furthermore, there are other positive expectations, such as slight decrease in interest rates and improving overall economic performance. Consumers expect the inflation to be 3.4% by qualitative method, 4.1% by quantitative method, and 5% for sensitivity-based inflation expectations, in Q4 2017.