In the first half of 2012, GDP by reached 6185.7
bln.tog at current prices increases 31.8 percent compared to the previous year.
 

In the first half of 2012, GDP by reached 2429.2 bln.tog at 2005
constant prices increases of 13.2 percent compared to the previous year. 

The national consumer price index in July 2012, increased by 0.6 percent
compared to the previous month, 10.4 percent compared to the beginning of the
year, and 14.5 percent compared to same period of the previous year.  

The increase in national index compared to the previous month was mainly
due to 1.3 percent increase in food and non-alcoholic beverages and 0.8 percent
in furnishings, household equipment and tools.  

According to the report of the Bank of Mongolia, money supply (broad
money or M2) at the end of July 2012, reached to 6953.5 bln.tog, decreased by
of 97.7 bln. tog or 1.4 percent compared to the previous month, and increased
by 1033.1 bln.tog or 17.4 percent compared to same period of the previous year.
 

At the end of July 2012, currency issued in circulation reached 801.4
bln.tog, decreased by 90.1 bln.tog or 10.1 percent compared to the previous
month, and increased by 127.5 bln. tog or 18.9 percent compared to same period
of the previous year.  

Loans outstanding at the end of July 2012, amounted to 6428.5 bln.tog,
up by 110.3 bln.tog or 1.7 percent compared to the previous month, and up by
1747.1 bln.tog or 37.3 percent compared to same period of the previous year.  

Principals in arrears at the end of July 2012, reached 85.1 bln.tog,
increased by 33.3 bln.tog or 64.3 percent compared to the previous month,
increased by 13.8 bln.tog or 19.4 percent compared to same period of the
previous year.  

At the end of July 2012, the non-performing loans over the bank system
reached 305.7 bln.tog, showing decreases of 2.1 bln.tog or 0.7 percent compared
to the previous month, of 76.2 bln.tog or 20.0 percent compared to same period
of the previous year.  

In July 2012, there were 19 trading days and 2.3 mln.shares valued at
749.8 mln. tog were traded.  

In the first 7 months of 2012, total equilibrated revenue and grants of
the General Government Budget amounted to 2744.5 bln.tog and total expenditure
and net lending amounted to 3344.1 bln.tog, representing deficit of 599.6
bln.tog in the equilibrated balance of General Government Budget.  

Current revenue of the General Government Budget amounted to 2735.3 bln.
tog and current expenditure reached 2586.8 bln.tog. Thus, the budget
equilibrated current balance was in surplus of 148.5 bln.tog.  

Compared to same period of the previous year, tax revenue increased by
455.5 bln.tog or 22.8 percent. The increase was mainly due to the increases of
139.0 bln.tog or 18.7 percent in taxes on goods and services, 135.5 bln.tog or
36.3 percent in other taxes, 133.0 bln.tog or 57.7 percent in social security
contribution, 37.3 bln.tog or 8.2 percent in income tax, 8.1 bln.tog or 4.4
percent in taxes on foreign trade and 2.6 bln. tog or 30.5 percent property
taxes.  

Compared to same period of the previous year, non-tax revenue increased
by 23.5 bln.tog or 8.9 percent. The increase was mainly due to the increases of
15.8 bln. tog or 65.3 percent in revenues from others, 14.0 bln.tog or 58.5
percent in revenues from oil petroleum, 7.2 bln.tog or 27.4 percent in revenues
from interest and 1.4 bln.tog or 5.7 percent in navigation fee although there
was decreases of 13.5 bln.tog or 35.2 percent in revenues from dividends.  

In the first 7 months of 2012, total expenditure and net lending of the
General Government Budget increased by 1163.8 bln.tog or 53.4 percent to 3344.1
bln.tog compared to same period of the previous year. This was mainly due to
increases of 474.5 bln.tog or 50.9 percent in subsidies and transfers, 363.1
bln.tog or 2.0 times in capital expenditure, 353.4 bln.tog or 45.5 percent in
expenditure of goods and services, 27.6 bln.tog or 2.2 times in interest
payments although there was decreases of 54.8 bln.tog or 60.7 percent in
lending minus repayments.  

In the first 7 months of 2012, spending of 721.8 bln.tog on capital
expenditure increased by 363.1 bln.tog or 2.0 times compared to same period of
the previous year. This was mainly due to increases of 367.9 bln.tog or 2.1
times in capital expenditure of domestic sources, and decreases of 4.8 bln.tog
18.1 percent in capital expenditure of foreign financed compared to same period
of the previous year.  

In the first 7 months of 2012, Mongolia traded with 124 countries from
all over the world and total external trade turnover reached 6506.0 mln.US
dollars, of which exports made up 2538.0 mln.US dollars and imports made up
3968.0 mln.US dollars.  

Foreign trade balance showed a deficit of 1430.0 mln.US dollars in the
first 7 months of 2012, reflecting 329.2 mln.US dollars or 29.9 percent
increase compared to same period of the previous year. The foreign trade
deficit in the first 7 months of 2012 was mainly caused by the fact that the
import growth was higher by 6.9 points than the export growth.  

Total external trade turnover increased by 722.0 mln.US dollars or 12.5
percent, of which imports up by 525.6 mln.US dollars or 15.3 percent, and
exports up by 196.4 mln. US dollars or 8.4 percent, compared to same period of
the previous year.  

Mineral products, natural or cultured stones, precious metal, jewelry,
coins, raw & processed hides, skins, fur & articles, animal origin
products, and textile articles accounted for 98.3 percent of the total export
value amount.

The National Statistical Office