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Production of industrial enterprises down by 5.7% in March

Article
According to Statistics Estonia, in March 2024, the total production of industrial enterprises fell by 5.7% compared with March last year. Among the three main sectors, output increased slightly in mining (by 0.4%), but decreased by 6.5% in manufacturing and by 4.4% in electricity production.

Industry

Area
Industry is the largest sector of the economy and an important driver of economic growth. Industrial enterprises create many jobs and provide opportunities for other types of business as well. Industry is a sector of the economy which covers mining and processing natural resources; energy production and manufacture of equipment, machinery and products; processing of agricultural products; processing of manufactured products. Statistics Estonia collects and publishes economic indicators for three industrial activities – mining, energy production and manufacturing. The mining industry involves

Industrial production volume fell by 10.5% last year (corrected 07.02.2024)

Article
According to Statistics Estonia, in 2023, the total production of industrial enterprises fell by 10.5% at constant prices compared with the year before. Output decreased in all three industrial sectors: by 21% in electricity production, by 9.8% in manufacturing, and by 4.7% in mining.

Industrial enterprises are recovering from the crisis

Article
​Industry is the largest sector of the economy and an important driver of economic growth. The index of industrial production covers the economic indicators of three industrial activities: mining, energy production and manufacturing. Helle Bunder, analyst at Statistics Estonia, noted that May was the month last year when manufacturing volumes decreased the most due to the coronavirus pandemic. “In connection with the low reference base, manufacturing production has increased by 18.5% year on year,” said Bunder. Production increased in all manufacturing activities. Among the activities with

The production of industrial enterprises increased again in June

Article
According to Statistics Estonia, in June 2021, the total production of industrial enterprises increased by 11% year on year. Production increased in all three main industrial sectors: by 19% in mining, by 14% in energy production and by 10% in manufacturing.