Gross industrial output decreased by 5.0 percent from previous month
EconomyUlaanbaatar/MONTSAME/. According to the preliminary result
of the first 11 months of 2021, the gross industrial output reached MNT 17.0
trillion, increased by MNT 2.1 trillion (14.2 percent) from the same period of
the previous year. This increase was mainly due to MNT 1.2 trillion (11.3
percent) increase in mining and quarrying gross output and MNT 771.6 billion
(23.6 percent) increase in manufacturing output. Also, the electricity, thermal
energy and water supply production output increased by MNT 138.4 billion (12.9
percent) and the water supply, and sewerage, waste management, and remediation
activities production output increased by MNT 30.9 billion (25.2 percent) from
the same period of the previous year.
In November 2021, the gross industrial output reached MNT
1.6 trillion, decreased by MNT 83.9 billion (5.0 percent) from the previous
month. This decrease was mainly due to MNT 131.6 billion (11.3 percent)
decrease in mining and quarrying gross output.
In November 2021, the mining and quarrying gross output
reached MNT 1.0 trillion, decreased by MNT 266.2 billion (20.5 percent) from
the same period of the previous year. This decrease was mainly due to decreases
in the mining of coal and lignite by MNT 395.3 billion (66.7 percent) from the
same period of the previous year.
By the preliminary results of the first 11 months of 2021,
the mining and quarrying sector, extraction of copper concentrate, brown coal
and crude oil increased by 5.2 percent to 30.1 percent compared to the same
period of the previous year. In the manufacturing sector, production of sanitizer,
spirit, copper cathode (99 percent), pure water, soft drink, juice, cement,
meat, alcoholic beverage, milk, lime, coal briquette, concentrated coal,
cigarettes and metal steel increased by 1.0 percent to 2.2 times compared to
the same period of the previous year.
In the mining and quarrying sector, the extraction of iron
ore, gold, fluorspar, and hard coal decreased by 1.1 – 31.4 percent. In the
manufacturing sector, productions of wheat flour, combed cashmere, face
covering and cashmere products decreased by 6.2 – 64.8 percent compared to the
same period of the previous year. By the preliminary results of the first 11
months of 2021, the sales of industrial output reached MNT 22.7 trillion,
increased by MNT 5.1 trillion (28.9 percent) compared to the same period of the
previous year. This increase mainly resulted from MNT 4.3 trillion (36.0
percent) increase in sales of mining and quarrying output.
This increase mainly resulted from MNT 4.3 trillion (36.0
percent) increase in sales of mining and quarrying output.
The sales of mining and quarrying output increased by MNT
4.3 trillion (36.0 percent) compared to the same period of the previous year.
This increase mainly resulted from MNT 4.4 trillion (56.4 percent) increase in
sales of mining of metal ores output, MNT 338.4 billion (93.3 percent) increase
in sales of crude petroleum and MNT 84.1 billion (36.5 percent) increase in
sales of other mining and quarrying output, respectively.
In the first 11 months of 2021, the total sales of mining
and quarrying output was MNT 14.2 trillion, of which, 74.3 percent was metal
ores, increased by 13.9 percent points, 5.4 percent was crude petroleum,
increased by 1.1 percent points, while 18.8 percent was coal and lignite,
decreased by 14.8 percent points, and 1.5 percent was other mining and
quarrying, decreased by 0.2 percent points compared to the same period of the
previous year. In November 2021, the seasonally adjusted industrial production
index was 180.1 (2015=100), increased by 30.4 percent from the same period of
the previous year.
Source: National Statistics Office