Industrial production increases by 17.5 percent

Economy
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2019-05-08 15:23:14

Ulaanbaatar /MONTSAME/ As of the first quarter of this year, a total production of industrial sector reached MNT 3.8 trillion, showing an increase of 17.5 percent comparing to the same period of last year. This increase was mainly caused by 21.3 percent growth in total production of mining and extractive industry compared to the same period of previous year.


Moreover, coal mining and metal ore mining upped by 64.9 percent and 1.4 percent respectively. Extraction of fluoride, petroleum, molybdenum concentrate and gold are decreased by 4.2-30.1 percent.


In the processing sector, production of main types of products including beer, vacuum windows, doors,  buuz and dumpling, woolen and textile goods, combed cashmere and wooden doors and windows for building are increased by 2-97.1 percent.