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Sales of industrial production decreased by 35 percent www.montsame.mn
Ulaanbaatar/MONTSAME/. According to the preliminary results, the gross industrial output reached MNT 3.1 trillion, in the first quarter of 2020, showing a decrease of MNT 778.3 billion (19.9%) from the same period of the previous year. This decrease was mainly due to the decrease in mining and quarrying gross output by MNT 859.1 billion (29.8%), while manufacturing output increased by MNT 23.2 billion (3.3%), electricity, thermal energy and water supply output by MNT 57.6 billion (17.2%), respectively.
In the first quarter of 2020, the mining and quarrying gross output was decreased by MNT 859.1 billion (29.8%) from the same period of the previous year. This decrease was mainly due to decreases in the mining of coal and lignite by MNT 600.7 billion (46.0%), extraction of crude petroleum by MNT 167.6 billion (70.4%) and mining of metal ores by MNT 91.8 billion (7.0%), respectively.
Out of the mining and quarrying gross output, 60.4 percent was comprised from the mining of metal ores, 34.9 percent was from the mining of coal and lignite, 3.5 percent was from the extraction of crude petroleum and 1.2 percent was from other mining and quarrying in the first quarter of 2020.
By the preliminary results of the first quarter of 2020, in the mining and quarrying sector, the extraction of gold was increased by 84.4 percent compared to the same period of the previous year. In the manufacturing sector, concentrated coal, lime, milk, wheat flour, productions of pure water, soft drink, juice were increased by 4.9 percent to 53.1 percent compared to the same period of the previous year. By the preliminary results of the first quarter of 2020, the production of coal briquette was increased by 5.6 times more compared to the same period of the previous year.
Moreover, in the mining and quarrying sector, extraction of flour spar, brown coal, copper concentrate, iron ore, hard coal and crude oil was decreased by 2.0 percent to 72.4 percent. In the manufacturing sector, alcoholic beverage, productions of metal foundries, combed cashmere, copper cathode, cashmere products, metal steel, meat, cement are decreased by 3.5 percent to 71.8 percent compared to the same period of the previous year.
By the preliminary results of the first quarter of 2020, the sales of industrial production reached MNT 3.0 trillion, decreased by MNT 1.6 trillion (35.0%) from the same period of the previous year. This decrease was mainly resulted from the decrease of MNT 1.6 trillion (48.1%) in sales of mining and quarrying and MNT 96.0 billion (9.5%) in sales of manufacturing, while the sales of electricity, thermal energy and water supply were increased by MNT 58.4 billion (17.4%).
For the total sales of industrial production, MNT 1.6 trillion (54.2%) were from export, of which the export of mining and quarrying was MNT 1.4 trillion (83.7%) and the export of manufacturing was MNT 267.2 billion (16.3%).
For the sales of mining and quarrying production, MNT 1.4 trillion (83.7%) was comprised from the export, of which 67.9 percent was from the mining of metal ores, 25.9 percent was from the mining of coal and lignite, 3.6 percent was the extraction of crude petroleum, 2.6 percent was other from mining and quarrying. 2.6 percent was other from mining and quarrying.
Source: National Statistics Office
Published Date:2020-04-15
