Gross industrial output of Mongolia decreased by 24.4% in Q1
AKIPRESS.COM – In the first quarter of 2022, the gross industrial output of Mongolia reached MNT 3.5 trillion, decreased by MNT 1.1 trillion (24.4%) from the previous year, Montsame reports.
This decrease was mainly due to MNT 1.2 trillion (34.7%) decrease in mining and quarrying and MNT 5.7 billion (0.7%) decrease in manufacturing production gross output. Also, the electricity, thermal energy and water supply production output increased by MNT 29.1 billion (7.1%) and the water supply, and sewerage, waste management, and remediation activities production output increased by MNT 6.5 billion (17.7%) from the previous year.
Mining and quarrying gross output reached MNT 2.2 trillion, decreased by MNT 1.2 trillion (34.7%) from the same period of previous year.
In the manufacturing sector, production of alcoholic beverage, pure water, soft drink, juice, combed…