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Each month, the Nationwide Statistics Workplace (NSO) presents the present statistics and information collected from numerous sectors. Just lately, the information and knowledge forAugust was disclosed to the general public and the whole offered information is acknowledged right here.
STATE BUDGET INCREASES BY 39.2%
In response to the preliminary efficiency of the primary eight months of 2023, the whole income and support quantity of the state funds reached 15.2 trillion MNT, an improve of 39.2 % from the identical interval earlier yr, and the quantity of balanced revenue support amounted to 14.6 trillion MNT, a rise of 45.7 %.
The variety of whole expenditures and repayable web loans within the first eight months was 12.8 trillion MNT, and the balanced stability was 1.8 trillion MNT. The whole income and support of the state funds was 2.3 trillion MNT, 53 % greater than the earlier month, and the balanced revenue and support reached 2.2 trillion MNT, a rise of 64.5 %. On the opposite hand, the whole expenditure and the quantity of repayable web loans amounted to 1.7 trillion MNT in August, and the balanced stability confirmed a revenue of 458.1 billion MNT.
The whole tax income reached 13.7 trillion MNT within the first eight months, a rise of 4.4 trillion MNT from the identical interval final yr, as a result of revenue tax elevated income by 1.7 trillion MNT and mineral royalty tax by 1.4 trillion MNT. This was primarily as a result of improve of insurance coverage revenue by 537.8 billion MNT and worth added tax by 472.4 billion MNT respectively. Nevertheless, excise responsibility decreased by 80.8 billion MNT.
The whole revenue of the Social Insurance coverage Fund within the first eight months reached 2.6 trillion MNT, with whole expenditures growing to 2.5 trillion MNT.
The revenue of the Well being Insurance coverage Fund in the identical interval was 1 trillion MNT, with exceeding expenditure of 1.1 trillion MNT, which was a lower of 15 %. The lower in expenditure was attributable to lower in switch bills by the federal government.
NATIONAL CURRENCY SAVINGS REACH 14.5 TRILLION MNT
Cash provide (M2) by the tip of August was 32.6 trillion MNT, growing by 5.7 trillion MNT from the identical interval of the earlier yr. MNT financial savings elevated by 1.6 trillion MNT. Small cash (M1) decreased to eight trillion MNT from the earlier month. Of M1 cash provide, nearly 90 % is overseas foreign money, with relaxation exterior the financial savings establishments. Money issued within the economic system reached 1.1 trillion MNT, growing by 8.7 % from similar time of final yr. billion MNT from the similar interval final yr.
MNT financial savings account reached 14.5 trillion MNT, growing by 12.5 % from final yr. Of the MNT financial savings, 88.6 % is of residents, and the remainder is of corporations and organizations. Overseas foreign money financial savings account attain 5.2 trillion MNT. The stability of the whole mortgage debt granted to enterprises, organizations and residents reached 25.8 trillion MNT, which elevated by 464.2 billion MNT from the earlier month. Of the stability, 56.1 % are residents, 42.8 % are non-public organizations, 0.6 % are authorities organizations, and 0.5 % are monetary and different organizations.
On the finish of August, the stability of peculiar loans amounted to 22.2 trillion MNT, a rise of 436.2 billion MNT from the earlier month. The stability of peculiar loans accounts for 86 % of the whole mortgage stability.
The stability of the excellent mortgage debt reached 1.4 trillion, which elevated by 195.8 billion MNT from the identical interval of the earlier yr. The stability of excellent loans accounts for five.4 % of the whole excellent loans. The stability of non-performing loans amounted to 2.2 trillion MNT on the finish of August, which decreased by 5.5 billion MNT from the earlier month. Non-performing loans account for 8.6 % of the whole mortgage stability.
The month-to-month common trade price of the MNT in opposition to the USD introduced by the Mongol Financial institution was 3469 MNT in August 2023, a rise of 284 MNT from the identical interval final yr, and 27.62 MNT weaker than the earlier month. It weakened by 10.09 MNT and elevated by 0.22 MNT from the earlier month. The month-to-month common trade price of MNT in opposition to the RUB introduced by the Mongol Financial institution was 36.36 MNT in August 2023, which is 16.25 MNT totally different from the similar interval final yr, and 1.6 MNT totally different from the earlier month.
APARTMENT PRICE GROWS BY 7.1%
The worth of flats in Ulaanbaatar elevated by 7.1 % from the similar interval of earlier yr and 1.3 % from the earlier month. In August 2023, the typical value per sq. meter of a brand new house was 3.72 million MNT, and the best value is 4.01 million MNT in Khan-Uul District and lowest at 2.79 million MNT in Songinokhairkhan District. Alternatively, the typical value of outdated flats per sq. meter is 3.38 million MNT with Songinokhairkhan District as lowest and the best value is 4.12 million MNT in Chingeltei District.
PRODUCER PRICES IN INDUSTRIAL SECTOR INCREASES BY 4.2%
The producer value index of the commercial sector reached 231.3 in August 2023 and the producer value elevated by 12.1 % from the identical interval final yr and 4.2 % from the earlier month.
Producer costs within the industrial sector elevated by 12.1 % in August in comparison with the identical interval final yr due to extend in mining and different auxiliary mining actions by 26.8 %, metallic ore mining by 18.7 %, different mineral mining by 14.9 %, and oil mining by 4.3 %.
The producer value of the commercial sector elevated by 12.1 share factors in comparison with the identical interval final yr, whereas the mining and quarrying sector was affected by 9 %.
PRICE OF FULL-GROWN MALE SHEEP RATED HIGHEST AT 280,000 MNT IN ULAANBAATAR
In comparison with the identical interval of the earlier yr, the typical value of livestock at a market was 1.4 million MNT, growing by 3,100 MNT. Costs of cow was highest from 1.2 million to 1.4 million MNT relying on age, with costs of male sheep and goat growing the least by 6,400 MNT and 100 MNT respectively. In August, the worth of 1 kg of white cashmere was the best in Ulaanbaatar, or 125,000 MNT, and the bottom in Bulgan and Khuvsgul Province at 80,000 MNT.
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