Ulaanbaatar
IPI rises against last year
EconomyUlaanbaatar /MONTSAME/ The industrial production index (seasonally adjusted) stood at 137.4 (2010=100) in September, indicating increase of 2.4 percent compared to the same period of the previous year and 5.0 percent compared to the end of 2015.
However, it decreased by 7.5 percent compared to the previous month. This drop was entailed by decrease of 7.6 percent in production index of mining and quarrying sectors.
The output in construction and capital repair works reached MNT 1153.4 billion for the first 9 months of 2016, of which MNT 1131.9 billion (98.1%) were performed by local construction entities while MNT 21.5 billion (1.9%) – by foreign entities. The output fell down by MNT 348.6 billion (23.2%) from that of the same period of 2015. This decrease reflected the drop of MNT 329.9 billion (22.6%) in the output by domestic construction entities.
