In October industrial production increased
According to Statistics Estonia, in October 2013, the production of industrial enterprises increased by 7% compared to October of the previous year. The production exceeded the volume of the previous year in most of the branches of industry.
In August the production in manufacturing remained on the level of 2012 and in September the production decreased 2%, whereas in October the production increased 6% compared to October of the previous year. Among the branches of industry holding larger shares, the production grew in the manufacture of food, wood, metal and chemical products and electrical equipment. The volume of production fell in the manufacture of electronic products and machinery and equipment.
In October, 70% of the whole production of manufacturing was sold on the external market. The export sales of manufacturing rose 5% compared to October 2012, while domestic sales increased 6%.
In October 2013 compared to September, the seasonally adjusted total industrial production increased by 1%; manufacturing production grew 4%.
Compared to October 2012, the production of electricity increased by 12%, while the production of heat fell by 6%.
The volume index and trend of production in manufacturing, January 2004 – October 2013 (2010 = 100)
| Economic activity | Change compared to the previous month according to seasonally adjusted dataa | Change compared to the corresponding month of the previous year | |
|---|---|---|---|
| according to unadjusted data | according to working-day adjusted datab | ||
| TOTAL | 1.1 | 6.9 | 6.9 |
| Energy production | -8.6 | 7.3 | 7.3 |
| Mining | 1.2 | 20.0 | 20.0 |
| Manufacturing | 3.6 | 6.1 | 6.1 |
| manufacture of computer, electronic and optical products | -0.6 | -6.5 | -6.5 |
| manufacture of wood and wood products | -2.0 | 2.4 | 2.4 |
| manufacture of food products | 1.8 | 7.6 | 7.7 |
| manufacture of fabricated metal products | 0.9 | 4.4 | 4.4 |
| manufacture of electrical equipment | 7.5 | 3.5 | 3.5 |
| manufacture of chemicals and chemical products | 7.5 | 10.6 | 10.6 |
| manufacture of furniture | -3.6 | 1.1 | 1.1 |
| manufacture of motor vehicles | 8.2 | 10.2 | 10.2 |
| manufacture of building materials | 3.3 | 10.6 | 10.6 |
| manufacture of machinery and equipment | 6.7 | -8.6 | -8.6 |
a In case of the seasonally adjusted volume index of industrial production, the impact of the differing number of working days in a month and seasonally recurring factors have been eliminated. It is calculated only in comparison with the previous period.
b In case of the working-day adjusted volume index of industrial production, the impact of the differing number of working days in a month has been eliminated. It is calculated only in comparison with the corresponding period of the previous year.