1 BOEING SUFFERS NEW 737 MAX ISSUE THAT COULD DELAY RETURN WWW.BBC.COM PUBLISHED:2019/06/27      2 RENEWABLE ENERGY SOURCES IN THE US NOW OUTSTRIP COAL WWW.MINING.COM PUBLISHED:2019/06/27      3 PEOPLE IN NEED AND MERCY CORPS SUPPORT BUILDING RESILIENCE TO DISASTERS IN RURAL MONGOLIA WWW.MONTSAME.MN PUBLISHED:2019/06/27      4 PETRO MATAD PROVIDES UPDATE ON MONGOLIA OPERATIONS WWW.ENERGY-PEDIA.COM PUBLISHED:2019/06/27      5 RUSSIAN RAILWAYS WANTS MORE TRANSIT CONTAINERS FROM CHINA VIA MONGOLIA WWW.RAILFREIGHT.COM PUBLISHED:2019/06/27      6 CHINESE MEDICAL TEAM PROVIDES FREE SURGERIES TO CATARACT PATIENTS IN MONGOLIA WWW.XINHUANET.COM PUBLISHED:2019/06/27      7 DEMOCRATIC BUT DEADLOCKED, MONGOLIA BRACES FOR 'INEVITABLE' POLITICAL CHANGE WWW.REUTERS.COM PUBLISHED:2019/06/27      8 EXPLORATION PLAY IN MONGOLIA FOCUSES ON PROMISING TARGETS WWW.STREETWISEREPORTS.COM PUBLISHED:2019/06/27      9 MONGOLIA-UN JOINT STEERING COMMITTEE CONVENES WWW.MONTSAME.MN PUBLISHED:2019/06/26      10 CHINA BLOCKS ALL CANADIAN MEAT IMPORTS AS TRADE WAR WITH US HEATS UP WWW.RT.COM PUBLISHED:2019/06/26      Д.СУМЪЯАБАЗАР: ШАТАХУУНЫ ҮНИЙГ 120 ТӨГРӨГӨӨР БУУРУУЛНА WWW.EAGLE.MN НИЙТЭЛСЭН:2019/06/27     ДЭЛХИЙД АЛТНЫ ҮНЭ ӨСӨЖ БАЙГАА Ч АЛТ ТУШААЛТ НЭМЭГДЭЭГҮЙ WWW.EAGLE.MN НИЙТЭЛСЭН:2019/06/27     УУХҮЯ: V САРД АШИГТ МАЛТМАЛЫН ХАЙГУУЛЫН 3 ЛИЦЕНЗ ШИНЭЭР ОЛГОСОН WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/06/27     ЗАСГИЙН ГАЗРЫН ИЛҮҮ ДЭВШИЛТЭТ БОНД ИРЭХ ОНД “МЭНДЭЛНЭ” WWW.ZGM.MN НИЙТЭЛСЭН:2019/06/27     НИК ХХК-ИЙН ТУЗ-ИЙН ДАРГА Ч.ДАВААНЯМ ТАМИРЧИН О.ДӨЛГӨӨНИЙ ЭМЧИЛГЭЭНД 10,000$ ХАНДИВЛАВ WWW.IKON.MN НИЙТЭЛСЭН:2019/06/27     МОНГОЛЫН БАРУУН БҮСЭД ОРШИН СУУХ ИРГЭНД НОГДОХ ДНБ ЗИМБАБВЕГИЙН ДАРАА ОРЖ БАЙНА WWW.IKON.MN НИЙТЭЛСЭН:2019/06/27     ДОРНОДЫН БАЯНДУНГААС 2000 ЖИЛИЙН ӨМНӨХ ХҮДЭР ХАЙЛУУЛАХ ЗУУХ ОЛЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2019/06/27     4.6 КГ АЛТ ЭКСПОРТОЛЖЭЭ WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/06/27     “VIKING MINES” МОНГОЛ ДАХЬ ХӨРӨНГӨӨ ХУДАЛДАЖ ЧАДСАНГҮЙ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/06/26     АЛТНЫ СПОТ ХАНШ 1439 АМ.ДОЛЛАР ХҮРТЭЛ ӨСӨЖ,СҮҮЛИЙН 6 ЖИЛИЙН ДЭЭД ТҮВШИНД ХҮРЛЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/06/26    

Mongolia’s GDP rises 8.6 percent in Q1 www.zgm.mn

In the first quarter of 2019, GDP of Mongolia at 2010 constant price reached MNT 3.5 trillion by preliminary estimation of production approach, increased by MNT 279.9 billion or 8.6 percent compared to the same period of the previous year. This increase was mainly driven by the 8 percent increase in the service sector, which is worth MNT 127.7 billion (wholesale and retail trade sector by MNT 52.2 billion or 13.9 percent) and industry, construction sector by MNT 124.9 billion or 11.2 percent.

In addition, the inflation measured by the consumer price index (CPI) at the national level increased by 1 percent from the previous month, by 2.8 percent from the end of the previous year and by 7 percent yoy.

7 percent increase of CPI was mainly contributed by increases in prices of food and non-alcoholic beverages group by 8.3 percent (meat and meat products by 20.4 percent, non-alcoholic beverages by 6.6 percent and milk, dairy products and eggs by 1.5 percent), alcoholic beverages and tobacco group by 3.6 percent, transport by 5.5 percent, housing, water, electricity and fuels group by 8.9 percent (electricity, gas and other fuels by 9.6 percent), and health by 9.5 percent.

The money supply (broad money or M2) reached MNT 19.9 trillion at the end of April 2019, showing an increase of MNT 188.7 billion from the previous month and by MNT 3.6 trillion from the same period of the previous year.

The national currency in circulation reached MNT 933 billion, increased by MNT 35.2 billion or 3.9 percent from the previous month. But the number is MNT 4.6 billion lower than the previous year.

In the first four months of 2019, the total equilibrated revenue and grants of the General Government Budget amounted to MNT 3.1 trillion and total expenditure and net lending amounted to MNT 2.8 trillion, resulting in a surplus of MNT 286.5 billion in the equilibrated balance.

In April, the equilibrated revenue and grants of the General Government Budget reached MNT 968.6 billion, an increase of MNT 259.5 billion or 36.6 percent, whereas total expenditure and net lending reached MNT 876.4 billion, and by MNT 59.6 billion or 7.3 percent from the previous month. In the first quarter of 2019, current and capital account balance deficit by preliminary result reached USD 277.4 million, which is USD 70.8 million lower compared to the same period of last year. The current account deficit reached USD 297.6 million, which was mainly due to USD 553.2 million deficit in services account and USD 196.2 million deficit in the primary account.



Published Date:2019-05-16