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Gross industrial output increased by MNT 2.7 trillion from the previous year www.montsame.mn

By the preliminary result of the first eight months of 2021, the gross industrial output reached MNT 12.3 trillion, increased by MNT 2.7 trillion (28.0%) from the same period of the previous year. This increase was mainly due to MNT 1.9 trillion (29.9%) increase in mining and quarrying gross output and MNT 637.9 billion (28.7%) increase in manufacturing output. Also, the electricity, thermal energy and water supply production output rose by MNT 86.8 billion (11.2%) and the water supply, and sewerage, waste management, and remediation activities production output rose by MNT 14.9 billion (16.9%) from the same period of the previous year.
In August 2021, the gross industrial output reached MNT 1.5 trillion, increased by MNT 23.1 billion (1.6%) from the previous month. This growth was mainly due to MNT 37.9 billion (12.4%) increase in manufacturing output. In August 2021, the mining and quarrying gross output reached MNT 1.0 trillion, increased by MNT 38.1 billion (3.9%) from the same period of the previous year. This increase was mainly due to increases in the mining of metal ores by MNT 101.0 billion (14.4%) and extraction of crude petroleum by MNT 15.7 billion (28.3%) from the same period of the previous year.
By the preliminary results of the first eight months of 2021, the mining and quarrying sector, extraction copper concentrate, iron ore, fluorspar, hard coal, brown coal and crude oil increased by 4.5 percent to 2.1 times compared to the same period of the previous year. In the manufacturing sector, production of combed cashmere, pure water, soft drink, juice, cement, copper cathode 99%, alcoholic beverage, milk, lime, meat, coal briquette, metal steel, cigarettes and concentrated coal increased by 3.2 percent to 2.2 times compared to the same period of the previous year.
In the mining and quarrying sector, the extraction of gold decreased by 4.6 percent. In the manufacturing sector, productions of wheat flour, sanitizer, spirit, face covering and cashmere products decreased by 1.3-74.8% compared to the same period of the previous year.
By the preliminary results of the first eight months of 2021, the sales of industrial output reached MNT 16.1 trillion, increased by MNT 5.0 trillion (45.3%) compared to the same period of the previous year. This increase mainly resulted from MNT 4.4 trillion (61.9%) increase in sales of mining and quarrying output.
The sales of mining and quarrying output increased by MNT 4.4 trillion (61.9%) compared to the same period of the previous year. This increase mainly resulted from MNT 3.2 trillion (61.9%) increase in sales of mining of metal ores output, MNT 826.8 billion (57.3%) increase in sales of mining of coal and lignite and MNT 398.3 billion (3.1 times) increase in sales of crude petroleum output, respectively.
In the total of MNT 9.5 trillion export of mining and quarrying output, 70.9% was metal ores, increased by 2.3 percent points, 6.2% was crude petroleum, increased by 2.4 percent points, while 21.1% was coal and lignite, decreased by 4.2 percent points, 1.8% was other mining and quarrying, decreased by 0.7 percent points compared to the same period of the previous year. In the first eight months of 2021, the seasonally adjusted industrial production index was 159.5 (2015=100), increased by 43.2 percent from the same period of the previous year.
Source: National Statistics Office


Published Date:2021-09-27