Mongolia's industrial output up 15.5 pct in first 8 month of 2019 - EntornoInteligente /

ULAN BATOR, Sept. 13 (Xinhua) — Mongolia’s industrial output rose 15.5 percent year-on-year in the first eight months of this year, official data showed Friday.

The industrial output amounted to 11.4 trillion Mongolian tugriks (4.2 billion U.S. dollars) in the period from January to August, according to data released by the National Statistical Office.

The growth was driven by a significant increase in the output of main mining and extractive products.

The volume of coal production rose by 49.2 percent, while the iron ore production increased by 1.5 percent from a year ago.

Presently, mining products account for more than 80 percent of the mineral-rich country’s total industrial production.


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