According to the preliminary result of the first 11 months of 2021, the gross industrial output reached MNT 17.0 trillion, increased by MNT 2.1 trillion (14.2 percent) from the same period of the previous year. This increase was mainly due to MNT 1.2 trillion (11.3 percent) increase in mining and quarrying gross output and MNT 771.6 billion (23.6 percent) increase in manufacturing output. Also, the electricity, thermal energy and water supply production output increased by MNT 138.4 billion (12.9 percent) and the water supply, and sewerage, waste management, and remediation activities production output increased by MNT 30.9 billion (25.2 percent) from the same period of the previous year.

In November 2021, the gross industrial output reached MNT 1.6 trillion, decreased by MNT 83.9 billion (5.0 percent) from the previous month. This decrease was mainly due to MNT 131.6 billion (11.3 percent) decrease in mining and quarrying gross output.

In November 2021, the mining and quarrying gross output reached MNT 1.0 trillion, decreased by MNT 266.2 billion (20.5 percent) from the same period of the previous year. This decrease was mainly due to decreases in the mining of coal and lignite by MNT 395.3 billion (66.7 percent) from the same period of the previous year.

By the preliminary results of the first 11 months of 2021, the mining and quarrying sector, extraction of copper concentrate, brown coal and crude oil increased by 5.2 percent to 30.1 percent compared to the same period of the previous year. In the manufacturing sector, production of sanitizer, spirit, copper cathode (99 percent), pure water, soft drink, juice, cement, meat, alcoholic beverage, milk, lime, coal briquette, concentrated coal, cigarettes and metal steel increased by 1.0 percent to 2.2 times compared to the same period of the previous year.

In the mining and quarrying sector, the extraction of iron ore, gold, fluorspar, and hard coal decreased by 1.1 – 31.4 percent. In the manufacturing sector, productions of wheat flour, combed cashmere, face covering and cashmere products decreased by 6.2 – 64.8 percent compared to the same period of the previous year. By the preliminary results of the first 11 months of 2021, the sales of industrial output reached MNT 22.7 trillion, increased by MNT 5.1 trillion (28.9 percent) compared to the same period of the previous year. This increase mainly resulted from MNT 4.3 trillion (36.0 percent) increase in sales of mining and quarrying output.

This increase mainly resulted from MNT 4.3 trillion (36.0 percent) increase in sales of mining and quarrying output.

The sales of mining and quarrying output increased by MNT 4.3 trillion (36.0 percent) compared to the same period of the previous year. This increase mainly resulted from MNT 4.4 trillion (56.4 percent) increase in sales of mining of metal ores output, MNT 338.4 billion (93.3 percent) increase in sales of crude petroleum and MNT 84.1 billion (36.5 percent) increase in sales of other mining and quarrying output, respectively.

In the first 11 months of 2021, the total sales of mining and quarrying output was MNT 14.2 trillion, of which, 74.3 percent was metal ores, increased by 13.9 percent points, 5.4 percent was crude petroleum, increased by 1.1 percent points, while 18.8 percent was coal and lignite, decreased by 14.8 percent points, and 1.5 percent was other mining and quarrying, decreased by 0.2 percent points compared to the same period of the previous year. In November 2021, the seasonally adjusted industrial production index was 180.1 (2015=100), increased by 30.4 percent from the same period of the previous year.

Source: National Statistics Office