Make it stand out.
Consumer Confidence Index (CCI) is a barometer that measures the economic condition of Mongolia from a consumer perspective. NRCC has estimated CCI every quarter nationwide since 2014 in partnership with the Mongolia-Japan Human Resource Development Center. The index is based on consumer perceptions of current business and employment conditions and expectations for future business, employment, and income for six months.
Data collection for the Consumer Confidence Survey is conducted in the last month of the quarter. The quarterly survey covers about 1000 randomly selected consumers.
Consumer Confidence Survey is one of the few quarterly surveys in Mongolia. NRCC publishes Mongolia’s totals and breakouts by region, age, gender, education, income, and dwelling type. The concepts and questions used to compute the CCI remain the same, making it possible to compare historical data.
Click here for the CCI computation methodology file.
Household financial situation
In the fourth quarter of 2017, 14.3 percent of consumers responded their financial situation improved within a year, while 34.4 percent responded their financial situation deteriorated. Moreover, the proportion of respondents reported improvement has increased by 5.4 percentage points, while proportion reported deterioration has decreased by 1.5 percentage points.
Household spending
31.5 percent of consumers found it the right time to purchase durable goods, whereas 55.3 percent of consumers found the time wrong. A share of respondents finding it the right time to purchase durable goods has increased by 11.0 percentage points, whereas the share respondents finding it the wrong time has decreased by 1.1 percentage points.