Ulaanbaatar/MONTSAME/. According to the preliminary results, the gross industrial output reached MNT 8.2 trillion in the first seven months of 2020, decreased by MNT 2.0 trillion (19.3%) from the same period of the previous year. This decrease was mainly due to MNT 1.9 trillion (26.4%) decrease in mining and quarrying gross output. However, the electricity, thermal energy and water supply production output increased by MNT 64.1 billion (10.1%) compared to the same period of the previous year.

By preliminary results, the mining and quarrying gross output reached MNT 5.4 trillion, in the first seven months of 2020, decreased by MNT 1.9 trillion (26.4%) from the same period of the previous year. This decrease was mainly due to decreases in the mining of coal and lignite by MNT 1.8 trillion (56.7%), and extraction of crude petroleum by MNT 444.1 billion (74.9%) compared to the same period of the previous year. In July 2020, the gross industrial output reached MNT 1.4 trillion, decreased by MNT 5.9 billion (0.4%) from the last month. This increase was mainly due to MNT 7.7 billion (0.8%) decrease in mining and quarrying output and MNT 3.6 billion (4.9%) decrease in electricity, thermal energy, and water supply output.

However, in the mining and quarrying sector, extractions of brown coal, copper concentrate, hard coal, and crude oil decreased by 4.0-65.2 percent. In the manufacturing sector, productions of cement, alcoholic, alcoholic beverage, lime, cashmere products, copper cathode 99%, meat, metal steel, concentrated coal, combed cashmere and cigarettes decreased by 1.6-63.8 percent compared to the same period of the previous year.

By the preliminary results of the first seven months of 2020, the sales of industrial output reached MNT 9.0 trillion, decreased by MNT 3.1 trillion (25.4%) compared to the same period of the previous year. This decrease was mainly resulted from MNT 2.8 trillion (33.2%) decrease in sales of mining and quarrying and MNT 298.5 billion (10.2%) decrease in sales of manufacturing, though, the sales of electricity, thermal energy and water supply increased by MNT 66.3 billion (10.4%).

The sales of mining and quarrying output decreased by MNT 2.8 trillion (33.2%) compared to the same period of the previous year. This decrease was mainly resulted MNT 1.9 trillion (62.7%) decrease in sales of coal mining, MNT 418.3 billion (9.4%) decrease in sales of mining of metal ores and MNT 428.4 billion (76.9%) decrease in sales of crude petroleum extraction. In the total sales of industrial output, MNT 4.8 trillion (53.3%) was export, of which MNT 4.0 trillion (83.4%) was export of mining and quarrying output. In the total of MNT 4.0 trillion export of mining and quarrying output, 69.7 percent was metal ores, 24.5 percent was of coal and lignite, 3.2 percent was crude petroleum, 2.6 percent was other mining and quarrying output.

In July 2020, the seasonally adjusted industrial production index was 104.0 (2015=100), decreased by 12.3 percent from the same period of the previous year and by 6.8% from the end of the previous year, while it was increased by 2.6 percent from the last month.

Source: National Statistics Office