Published at: 2018 / 02 / 28. 17 : 01

In January 2018, the gross industrial output reached MNT 1.1 trillion, showing an increase of MNT 168.9 billion (18.1%) from the same period of the previous year. The main factor of this increase was due to an increase of mining and quarrying gross output by MNT 124.4 billion (18.5%), of which mining of coal by MNT 70.7 billion (33.2%) and mining of metal ores by MNT 49.4 (13.5%) billion.

In January 2018, the seasonally adjusted industrial production index was 154.7 (2010=100), decreaced by 6.9% from the same period of previous year and by 0.1% from the end of previous year.

Compared to the same period of 2017, the most increase in the main production of the mining and quarrying sector goes to iron ore and crushed stone by 2.6-2.8 times more. In the manufacturing sector, major growth was observed in copper, alcoholic beverage, beer, fodder, kind of sausage, knitted goods and buuz and dumpling by 2.8-89.3%.

The most decrease of production in the mining and quarrying sector observed for gold, crude oil, molybdenum concentrate, copper concentrate, coal and fluor spar by 7.5-20.8% and sawn wood, vacuum windows and doors, combed down, horse meat production and wooden building door and windows of the manufacturing sector by 39.5-91.9%.

In January 2018, the sold production of industry reached MNT 1.3 trillion and MNT 961.7 billion (72.9%) of sold production were exported.

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