Overview
- Exports driven by copper, coal and other minerals rose 45.3% through the first 10 months to $17.9 billion, producing a $6.9 billion trade surplus that reflects higher commodity prices and volumes.
- The National Statistics Office reported October inflation at 13.4% year‑on‑year, with food, transport and imported goods the main drivers and import‑price rises accounting for roughly a third of the increase.
- Domestic demand and prices have strengthened: retail and wholesale revenues grew 12.6% in the first nine months to 54.7 trillion MNT, and the October housing price index rose 6.8% year‑on‑year.
- A government inspection during the Prime Minister’s Nov. 11 visit to Omnogovi found 189 of 195 local agencies not connected to the unified complaints system, and Mr. Uchral pledged water projects and other measures to improve regional services and governance.
- Oversight and safety follow‑ups are active: the Anti‑Corruption Agency reviewed 119 conflict‑of‑interest complaints and forwarded 13 cases for action, while Ulaanbaatar emergency teams responded to 114 carbon‑monoxide calls that protected 342 people.