| OFFICIAL SOCIAL AND ECONOMIC DATA PUBLISHED |
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The National Statistical Office has revealed social and economic figures for June and, in some cases, for the first six months of the year. Consumer price index The national consumer price index in June dropped 1.5 percent from May but was 11.4 percent higher than in June, 2009. Budget The deficit in the General Government Budget was MNT93.8 billion less in the first half of 2010, when compared to the same period last year. Tax revenue increased 66.2 per cent. Collection from the windfall profits tax rose 4.2 times, from corporate income tax 2.1 times, and from VAT 69.0 percent. Non-tax revenue in this period fell 26.2 percent year on year. Total capital expenditure was 57.0 percent higher but foreign financed capital expenditure decreased 87.4 percent. Unemployment The number of registered unemployed reached 39,941 at the end of June, an increase of 1.1 per cent. Foreign trade Total turnover of trade with 120 countries in the first half of the year reached USD 2,664.9 million, an increase of 61 percent. Exports rose 71.5 percent and imports 51.9 percent. Trade deficit decreased by 63.3 percent. Industrial output Total industrial output in the first six months rose 12.4 percent (at 2005 constant prices) over that in the corresponding period last year. This includes a 4.4% rise in the manufacturing sector and a 6.5% increase in electricity, thermal energy, and steam generation. Construction Domestic entities accounted for 87.6 per cent of the total MNT55.9 billion worth construction and installation work in the first half of the year. Freight and passengers The volume of freight rose 17.9 per cent in the first six months, but passenger traffic fell 0.8 per cent. Both figures cover all types of transport. Social welfare Government organizations accounted for 41.8 percent of the 493,900 people covered by social insurance in the first half of 2010, with the rest 58.2 percent coming from the private sector. A total MNT166.0 billion was paid as pension from the social insurance fund in the first half of 2010, of which retirement pension accounted for 73.1 percent, pensions for the disabled for 12.8 percent, breadwinner loss pension for 7.4 per cent, and military pension for 6.7 percent. MNT12.7 billion was paid as social welfare allowances to 55,700 people in the first half of 2010. The amount is 5.7 per cent more than in the same period last year, while the number of beneficiaries is 4.7 percent higher. Altogether MNT169.8 billion was distributed to 2.4 million people from the Human Development Fund (HDF). Share trading A total 1.6 million shares valued at MNT1.2 billion were traded in 21 trading days in June. The number of shares traded was 4.1 times fewer than in May and 7.8 times fewer than in June, 2009.
Source: www.news.mn |