1 CHINA IS STARTING TO EAT INTO ITS EMERGENCY RESERVES OF PORK WWW.CNN.COM PUBLISHED:2019/09/13      2 INTERNATIONAL FORUM ON MONGOLIA-CHINA CASHMERE INDUSTRY ORGANIZED WWW.MONTSAME.MN PUBLISHED:2019/09/13      3 BEIJING, MOSCOW, RUSSIA, MULL OVER ARCTIC GAS PIPELINE ACROSS MONGOLIA TO CHINA WWW.SILKROADBRIEFING.COM PUBLISHED:2019/09/13      4 AMOUNT OF OUTSTANDING LOANS TO ENTITIES DECREASES BY MNT23 BILLION WWW.MONTSAME.MN PUBLISHED:2019/09/13      5 TAX REVENUE REACHES MNT6.2 TRILLION AS OF FIRST EIGHT MONTHS OF 2019 WWW.MONTSAME.MN PUBLISHED:2019/09/13      6 DECREASES SHOWED IN EXTRACTION OF MOLYBDENUM CONCENTRATE AND GOLD WWW.MONTSAME.MN PUBLISHED:2019/09/13      7 EXPORTS OF MINERAL PRODUCTS, TEXTILES AND PRECIOUS METALS MAKE UP 95.7 PERCENT OF TOTAL EXPORT WWW.MONTSAME.MN PUBLISHED:2019/09/13      8 TSAIRT MINERAL: EXPORTS DECLINED AS ZINC PRICE DROPS WWW.ZGM.MN PUBLISHED:2019/09/13      9 MONGOLIA TO JOIN INTER-AMERICAN CONVENTION ON SERVING CRIMINAL SENTENCES ABROAD WWW.MONTSAME.MN PUBLISHED:2019/09/12      10 MATTIA ROMANI: MONGOLIA’S BEEN EXCELLENT PARTNER FOR EBRD WWW.ZGM.MN PUBLISHED:2019/09/12      НҮҮРС, ТӨМРИЙН ХҮДЭР, ЖОНШНЫ ЭКСПОРТ ӨСӨВ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/09/13     ГАДААД ХУДАЛДААНЫ ЭРГЭЛТ ӨМНӨХ ОНЫ МӨН ҮЕЭС 11.9 ХУВИАР ӨСЛӨӨ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/09/13     ХЭРЭГЛЭЭНИЙ БАРАА, ҮЙЛЧИЛГЭЭНИЙ ҮНЭ 0.3 ХУВИАР ӨСЖЭЭ WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/09/13     МОНГОЛБАНК МӨНГӨН ТЭМДЭГТИЙН НУУЦЛАЛЫГ САЙЖРУУЛЖ БАЙНА WWW.IKON.MN  НИЙТЭЛСЭН:2019/09/13     ЦАЛИН ӨНГӨРСӨН 9 ЖИЛД 3 ДАХИН НЭМЭГДСЭН Ч ХУДАЛДАН АВАХ ЧАДВАР 58.8% Л ӨСЖЭЭ WWW.IKON.MN  НИЙТЭЛСЭН:2019/09/13     ХЭРЭГЛЭЭНИЙ БАРАА, ҮЙЛЧИЛГЭЭНИЙ ҮНИЙН ӨСӨЛТ УЛААНБААТАРТ 10.5%-Д ХҮРЭВ WWW.IKON.MN НИЙТЭЛСЭН:2019/09/13     МОНГОЛБАНК ҮЙЛ АЖИЛЛАГААНЫ ШИНЭЧЛЭЛИЙН ХӨТӨЛБӨРИЙН ЯВЦАА ТАНИЛЦУУЛЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2019/09/13     АЗИЙН ХӨГЖЛИЙН БАНКНААС 158.3 САЯ ДОЛЛАРЫН ЗЭЭЛ АВЧ ЭРҮҮЛ МЭНДИЙН САЛБАРТ ЗАРЦУУЛНА WWW.EAGLE.MN НИЙТЭЛСЭН:2019/09/13     972 АЙЛЫН ТҮРЭЭСИЙН ОРОН СУУЦАНД ОРОХООР 35 МЯНГА ГАРУЙ ИРГЭН БҮРТГҮҮЛСНЭЭС 582 ӨРХ ТЭНЦЖЭЭ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/09/12     АХБ: 96 САЯ АМ.ДОЛЛАРЫН САНХҮҮЖИЛТИЙГ МОНГОЛ УЛСЫН ХУВИЙН ХЭВШЛИЙН ТӨСӨЛД ОЛГОСОН WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/09/12    

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