Consumer Confidence Index-2013

Consumer Confidence Index-2013

In October 2013, the Consumer Confidence Index (CCI) in Ulaanbaatar has significantly decreased from last year’s level. In 2013, the CCI has decreased by 36.4 percentage points (27.3 percent) compared to the same period of 2012 and reached 96.7. Both components of the Index, the current situation index and the expectation index, contributed to this decrease. In particular, the expectations index has decreased by 50.2 percentage points from last year’s level (152.2) or by 32.9 percent and reached 102, whereas the current situation index has decreased by 15.7 percentage points and reached 88.8.

Share of the households, responded good on job availability, decreased by 10 percentage points (30 percent) and it was the main reason for the pessimism about the current situation of the economy.

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