All
figures in the following social and economic data released by The National
Statistical Office are for the four months ended April 2010, unless otherwise
specified, and all comparisons are with the same period in 2009, unless, again,
mentioned otherwise.
Consumer
price index
The
national consumer price index in April 2010 increased by 2.1 per cent, 9.7 per
cent and 8.3 per cent respectively over March, the end of last year, and April,
2009. The m-o-m rise was mainly due to the 4.3 per cent increase in food
prices.
Gross
Domestic Product
Gross
Domestic Product (GDP) in the first quarter of 2010 stood at MNT 663.4 billion
at 2005 constant prices, increasing 7.6 per cent over the same period in 2009.
This was mainly because of increased industrial and construction output and
more taxes.
The
number of registered unemployed people rose 3.8 percent.
Budget,
taxes
The
General Government Budget showed a deficit of MNT 190.1 billion in the first
four months of 2010. The current balance deficit was MNT 9.3 billion.
Tax
revenue rose 73.2 percent over the same period last year. Revenue from the
windfall profits tax was 9.0 times more, from corporate income tax 2.3 percent
more, and from VAT 67.9 percent more. Non-tax revenue increased by 3.1 percent.
Foreign
trade
Total
turnover from trade with 112 countries reached USD1,552.2 million, a rise of
58.1 percent. Exports accounted for USD729.4 million, a rise of 64.2 percent,
and imports stood at USD822.8 million, 53.1 percent more than in the first four
months last year.
This
year’s deficit of USD93.4 million was 0.2 percent more.
Construction
and installation work worth altogether MNT13.4 billion was carried out, of
which 49.6 percent was executed by domestic entities.
Freight
and passengers
The
railway carried 1,054,900 passengers and 4,856,100 tons of freight. The number
of passengers rose 5.9 percent and the volume of freight 14.8 percent.
Airlines
carried 90,200 passengers, 31.7 percent more, and 436,300 tons of freight, 33.7
percent more.
Of the
434,200 people paying for social insurance in April, 39.7 percent worked at
government institutions and 60.3 percent at private establishments.
The
total amount of pensions allocated from the social insurance fund reached MNT
110.4 billion. Retirement pensions accounted for 72.7 per cent of this,
disability benefits for 13.0 per cent, loss of breadwinner payments for 7.5 per
cent, and military pensions for 6.8 per cent.
Social
welfare allowances
Social
welfare allowances and benefits worth MNT 15.4 billion were paid to 170,900
people, falling from MNT 42.6 billion for 1.3 million people in the first four
months of 2009. The number of beneficiaries has fallen 86.6 per cent and the
amount allocated 63.8 per cent. MNT 115.9 billion has so far reached 1.7
million people from the Human Development Fund.
Share
trading
In 22
trading days in April of this year, 5.8 million shares valued at MNT 6.2
billion were traded at the stock exchange.
The number of shares was half of the March figure, and 2.7 times less
than in April 2009.