Ulaanbaatar/MONTSAME/. By the preliminary results, in the first 7 months of 2022, the gross industrial output reached MNT 10.6 trillion, decreased by MNT 244.3 billion (2.3%) from the same period of the previous year. This decrease was mainly due to MNT 509.3 billion (6.7%) decrease in mining and quarrying production gross output. Also, the manufacturing production output increased by MNT 202.5 billion (8.8%), the electricity, thermal energy and water supply production output increased by MNT 44.9 billion (5.7%) and the water supply, and sewerage, waste management, and remediation activities production output increased by MNT 17.7 billion (19.6%) from the previous year.

In July 2022, the gross industrial output reached MNT 2.0 trillion, increased by MNT 40.4 billion (2.0%) from the previous month. In July 2022, the sales of industrial products reached MNT 2.8 trillion, increased by MNT 377.4 billion (15.3%) from the previous month.

By the preliminary results of the first 7 months of 2022, the mining and quarrying gross output reached MNT 7.1 trillion, decreased by MNT 509.3 billion (6.7%) from the same period of previous year. This decrease was mainly due to decreases in mining of coal and lignite by 428.0 billion (20.6%) and extraction of crude petroleum by MNT 403.8 billion (73.7%) from same period of the previous year. By the preliminary results of the first 7 months of 2022, the mining and quarrying sector, extraction of zinc concentrate and silver concentrate increased by 36.9-85.0 percent compared to the same period of the previous year. In the mining and quarrying sector, the extraction of iron ore, gold, brown coal, copper concentrate, fluorspar, hard coal and crude oil decreased by 2.5–87.9 percent.

In the manufacturing sector, production of spirit, cement, pure water, soft drink, juice, alcoholic beverage, cashmere products, lime and combed cashmere increased by 5.6-81.0 percent compared to the previous year. In the manufacturing sector, productions of copper cathode (99%), milk, cigarettes, coal briquette, wheat flour, face covering, metal steel, meat, sanitizer and concentrated coal decreased by 2.6–96.6 percent compared to the same period of the previous year.

By the preliminary results of the first 7 months of 2022, the sales of industrial products reached MNT 14.3 trillion, decreased by MNT 104.1 billion (0.7%) compared to the same period of the previous year. This decrease mainly resulted from MNT 392.3 billion (3.7%) decrease in sales of mining and quarrying products.

The sales of mining and quarrying products decreased by MNT 392.3 billion (3.7%) compared to the same period of the previous year. This decrease mainly resulted from MNT 351.4 billion (68.3%) decrease in sales of crude petroleum products, MNT 192.1 billion (2.7%) decrease in sales of mining of metal ores products and MNT 137.5 billion (63.8%) decrease in sales of other mining and quarrying products, respectively.

By the preliminary results of the first 7 months of 2022, the total sales of industrial products, MNT 8.3 trillion was export, of which 7.9 trillion was export of mining and quarrying output. The mining and quarrying products structure shows that 66.2 percent was metal ores, 31.2 percent was coal and lignite, 2.1 percent was extraction of crude petroleum and 0.5 percent was other mining. In July 2022, the seasonally adjusted industrial production index was 146.0 (2015=100), decreased by 4.7 percentage point from the same period of the previous year.

Source: National Statistics Office of Mongolia