Ulaanbaatar
Household income decreases by 9.0 percent
EconomyUlaanbaatar /MONTSAME/ The Socio-Economic Survey on Households for the third quarter of 2016 showed average monthly household monetary income was MNT 853.3 thousand, which represent a decrease by MNT 84.4 thousand (9.0%) compared to the same period of the previous year.
It was mainly driven by falls in wages and salaries by MNT 28.0 thousand (5.5%), and income from agricultural production and services MNT 37.7 thousand (37.6%)
For the third quarter of 2016, average monthly household expenditure was indicated at MNT 926.2 thousand, which decreased by MNT 10.4 thousand (1.1%) compared to the same period of the previous year.
