The IMF conducted a remote technical assistance (TA) mission from March 1 to 12, 2021, to help the National Statistics Office of Mongolia (NSOM) compile a monthly indicator of economic activity (MIEA). Experimental results describe monthly economic activity from January 2010 to January 2021 as well as the impact of the COVID-19. This second mission for developing the MIEA was funded by the IMF's Data for Decisions trust fund1 (D4D).
Agriculture, forestry and fishing industrial sector which is primarily derived from annual sources and allocated across the year. The mission helped to create a database of source data inputs to the MIEA computation process to ensure clarity of processes and repeatability of methods from month to month.
Development of framework to prepare experimental MIEAestimates aligned to quarterly GDP by production (QGDPP) estimates at constant prices . Given the preference for unadjusted data noted by the NSOM authorities, the proposed framework developed during the mission