BANK OF MONGOLIA REPORTS

Ulaanbaatar, Mongolia, /MONTSAME/ The national consumer price index in October, 2010 increased by 0.4 percent compared to the previous month, by 8.7 percent compared to the end of the previous year and 11.3 percent compared to the same period of the previous year, respectively. The increase in national index compared to the previous month was mainly due to 1.6 percent increase in clothing, footwear and cloth and 1.7 increase in housing, water, electricity and fuels. According to the report of the Bank of Mongolia, money supply (broad money or M2) at the end of October, 2010 reached to 3873.1 bln.tog, reflecting an increase of 21.3 bln.tog or 0.6 percent compared to the end of September 2010, and an increase of 1202.0 bln.tog or 45.0 percent compared to the same period of the previous year.
At the end of October, 2010, currency issued in circulation reached 462.2 bln.tog, demonstrating an increase of 9.6 bln.tog or 2.1 percent compared to the end of September 2010, and 102.6 bln.tog or 28.5 percent compared to the same period of the previous year. Loans outstanding at the end of October, 2010, amounted to 3090.3 bln.tog, up by 4.9 bln.tog or 0.2 percent compared to the end of September 2010, and by 472.3 bln.tog or 18.0 percent compared to the same period of the previous year.
B.Adiyakhuu