In November, the volume of industrial production was greater than a year ago
According to Statistics Estonia, in November 2016, the production of industrial enterprises increased 9% compared to November of the previous year. Production increased in the energy sector, mining and quarrying, and manufacturing.
In November, manufacturing production rose 5% compared to the same month of 2015. Production growth was broad-based – in November, production surpassed the volume of the previous year in two-thirds of the branches of industry. The growth in production was mostly due to an increase in the manufacture of electronic products, electrical equipment and wood products. Production rose also in the manufacture of food products and textiles. Production fell in the manufacture of metal products and furniture.
In November, 69% of the whole production of manufacturing was sold on the external market. According to unadjusted data, the export sales of manufacturing production increased 9% and domestic sales rose 7% compared to November 2015.
In November 2016 compared to the previous month, the seasonally adjusted total industrial production rose 2%, with production in manufacturing having increased 1%.
Compared to November 2015, the production of electricity increased 39% and the production of heat 32%.
| 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 | 1.5 | 12.0 | 9.3 |
| Energy production | -0.2 | 36.4 | 35.1 |
| Mining | 8.6 | 20.2 | 17.7 |
| Manufacturing | 0.7 | 8.3 | 5.4 |
| manufacture of computer, electronic and optical products | 0.0 | 9.8 | 6.7 |
| manufacture of wood and wood products | 0.1 | 10.2 | 7.6 |
| manufacture of food products | 2.3 | 5.2 | 3.6 |
| manufacture of fabricated metal products | -3.0 | 1.1 | -2.3 |
| manufacture of electrical equipment | 4.2 | 31.8 | 26.9 |
| manufacture of textiles | 10.6 | 22.2 | 19.0 |
| manufacture of furniture | 1.9 | -0.7 | -4.2 |
| manufacture of motor vehicles | 0.6 | 10.0 | 7.4 |
| manufacture of building materials | -3.3 | 10.8 | 8.0 |
| manufacture of machinery and equipment | -3.0 | 5.4 | 1.9 |
a In the 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 the 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.
The statistics are based on the questionnaires “Industry”, the submission date of which was 15.12.2016, and “Energy production, sales and fuel consumption”, the submission date of which was 10.12.2016. Statistics Estonia published the monthly overview in 12 working days. For the statistical activity “Production indices”, the main representative of public interest is the Ministry of Economic Affairs and Communications, commissioned by whom Statistics Estonia collects and analyses the data necessary for performing this statistical activity.