Ulaanbaatar
Household average monetary income declines
EconomyUlaanbaatar /MONTSAME/ According to results of the Household Socio-Economic Survey in the second quarter of 2016, household average monetary income per month reached MNT 874.4 thousand which decreased by MNT 101.3 thousand or 10.4% against the previous year.
As of the second quarter of this year, household average monetary expenditure per month was MNT 948.9 thousand which decreased by MNT 30.3 thousand or 3.1% against the previous year.
In the period, the number of households with income of below MNT 300 thousand per month reached 118.9 thousand which accounted for 13.8% of total households. Households with MNT 300-500 thousand income reached 163.7 thousand (17.0% of total households), households with MNT 500-900 thousand--265.4 thousand (30.8% of total households), and households with above MNT 2,100 thousand--37 thousand (4.3% of total households).
Against the previous year, the number of households with below MNT 300 thousand increased by 23.2 thousand or 2.2 units, while the households with MNT 700-900 thousand also increased by 10.6 thousand or 0.6 units.
