Ulaanbaatar
Industrial output drops by 24.4 percent in the first quarter
Economy
Ulaanbaatar/MONTSAME/. By preliminary results, in the first
quarter of 2022, the gross industrial output reached MNT 3.5 trillion,
decreased by MNT 1.1 trillion (24.4%) from the previous year. This decrease was
mainly due to MNT 1.2 trillion (34.7%) decrease in mining and quarrying and MNT
5.7 billion (0.7%) decrease in manufacturing production gross output. Also, the
electricity, thermal energy and water supply production output increased by MNT
29.1 billion (7.1%) and the water supply, and sewerage, waste management, and
remediation activities production output increased by MNT 6.5 billion (17.7%)
from the previous year.
By preliminary results, in the first quarter of 2022, the
mining and quarrying gross output reached MNT 2.2 trillion, decreased by MNT
1.2 trillion (34.7%) from the same period of previous year.
In the manufacturing sector, production of alcoholic
beverage, pure water, soft drink, juice, combed cashmere, cashmere products and
lime increased by 3.2 percent to 2.2 times compared to the previous year. In
the manufacturing sector, productions of copper cathode (99%), milk, metal
steel, spirt, cigarettes, coal briquette, cement, wheat flour, mask, sanitizer,
meat and concentrated coal decreased by 1.2–98.5 percent compared to the same
period of the previous year.
By preliminary results, in the first quarter of 2022, the
sales of industrial output reached MNT 4.7 trillion, decreased by MNT 1.7
trillion (26.4%) compared to the same period of the previous year. This
decrease mainly resulted from MNT 1.7 trillion (34.8%) decrease in sales of
mining and quarrying output.
The sales of mining and quarrying output decreased by MNT 1.7 trillion (34.8%) compared to the same period of the previous year.
Source: National Statistics Office
