The National Statistical Office has published
figures for various sectors. All figures
are for the period January-May 2010, unless otherwise mentioned. All
comparisons are with the period January-May, 2009, again unless otherwise
mentioned.
Consumer price index
The national consumer price index in May rose 3.2 percent against April, 13.1
percent against the end of last year, and 11.6 per cent against May 2009.
The rise was mainly because of a 6.4 percent increase in the price of food and
non-alcoholic beverages.
Unemployment
The number of unemployed people was 135,100 in the first quarter of 2010. This
was 12.2 percent of the working age population. There were 76,300 men in the
total.
The number of registered unemployed was 38,701 at the end of May, showing a 0.2
percent drop.
Budget, tax collection
The general government budget (GGB) showed a deficit of MNT 169.8 billion, MNT
22.0 billion less than in the same period last year. The current account
presented a surplus of MNT 55.9 billion. Tax revenue rose 71.0 percent. Income
from the windfall profits tax rose 5.8 times, from corporate income tax 2.1
percent, and from value added tax 67.7 percent.
Non-tax revenue decreased by 14.5 percent. Revenues from budget entities went
up 65.0 percent. Capital expenditure altogether rose 72.2 percent, but
foreign-financed capital expenditure dropped 87.4 per cent.
Foreign trade
Total turnover of trade with 120 countries reached USD2,039.8 million,
registering an increase of 58.5 percent. Exports rose 66.9 percent and imports
51.3 percent. The trade balance showed a deficit of USD60.2 million, USD41.0
million or 40.6 per cent less than in the corresponding period in 2009.
Mineral products, natural or cultured stones, precious metals, jewelry and
textiles and textile articles accounted for 92.4 per cent of the total export
value.
Industrial output
Total industrial output increased (at 2005 constant prices) 12.2 percent in the
first five months of 2010.
Freight, passenger traffic
Export freight rose 27.6 percent, domestic freight 12.9 percent, and import
freight 32.0 percent in the first five months of this year. However, transit
freight was 6.3 percent less. Passenger traffic also rose, and the railway
revenue was 26.8 percent more.
The number of people flying increased 32.6 percent and the volume of freight
carried by air was up 29.2 percent. Total revenue from air transport increased
8.5 percent.
Construction
Domestic entities accounted for 71.3 percent of the construction and
installation work in the first 5 months of 2010.
Stock trading
Altogether 6.4 million shares were traded for MNT 1.5 billion in 21 trading
days in May. The number of shares traded increased 10.0 percent against April,
but was 6.4 percent less than in May, 2009.
Social insurance
Of the 440,300 people registered in social insurance schemes in the first five
months of 2010, 40.2 per cent were from government institutions, while the rest
were private sector employees. Of the total amount allocated for pensions,
retirement benefits accounted for 72.9 percent, allowances for the disabled for
12.9 percent, payment to families without a breadwinner for 7.5 percent, and
military pensions for 6.7 percent of the total amount.
The number of people receiving social welfare pensions and benefits dropped by
86.7 percent and the amount paid was 61.8 percent less.
Altogether MNT 162.3 billion were given to 2.3 million people from the Human
Development Fund.
Household accounts
Average household income in the first quarter of 2010 stood at MNT393,000,
rising by MNT48,300 or 14.0 percent over the previous year. Average household
expenses were MNT378,000, an increase of MNT 22,400 or 6.3 percent.