Industrial production increased in April

News
Posted on 31 May 2010, 11:00

According to Statistics Estonia, in April 2010 the production of industrial enterprises grew 18% compared to April of the previous year.

In April 2010 the production in manufacturing increased 19% compared to April of the previous year. When in total of 2009 compared to the previous year, the production decreased in all branches of manufacturing, then in January 2010 some branches showed recovery marks. In February and March a considerable growth could be observed in more than half of branches. In April the production exceeded the level of previous year almost in all branches. In April the export sales in manufacturing increased significantly — 36%, at the same time the demand on domestic market was still in falling trend and the domestic sales fell 12% compared to April of the previous year. The rapid growth in production was partly affected by the low reference base in 2009, while at the beginning of 2009 the decrease in production was the biggest. In April 2010, among the branches holding bigger share, the production increased in manufacturing of electronic products more than twice, in manufacturing of wood 21% and in manufacturing of metal products 13%. The production increased considerably also in some smaller branches, as in the manufacturing of motor vehicles, metals, paper, chemical, pharmaceutical and plastic products, and other transport equipment, mainly due to the increase of exports. The production of beverages, wearing apparel, leather, electrical equipment and repair and installation of machinery and equipment decreased.

In April 2010 compared to March, the seasonally adjusted industrial production increased 2.5%, the production of manufacturing grew 2%.

In April 2010 compared to April 2009, the production of electricity increased 42%, the production of heat — 2%. The increase in energy production was caused by a rising demand for energy induced by active manufacturing, as well as by replacement of imports of electricity with the own production.

The volume index and trend of production in manufacturing, January 2000 – April 2010 (2005 = 100)

Diagram: The volume index and trend of production in manufacturing, January 2000 – April 2010 (2005 = 100)

Change in volume index of industrial production, April 2010 (percentage)
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 2.5 18.4 18.4
Energy production -1.1 24.0 24.0
Mining -3.6 7.4 7.4
Manufacturing 1.9 18.6 18.6
manufacture of food products 0.6 0.6 0.6
manufacture of beverages -5.9 -2.0 -2.0
manufacture of wood and wood products 4.3 24.4 24.4
manufacture of fabricated metal products 6.2 13.3 13.3
manufacture of computer, electronic and optical products 5.7 107.7 107.7
manufacture of electrical equipment 0.4 -1.4 -1.4
manufacture of chemicals and chemical products 12.2 29.1 29.1
manufacture of furniture 4.3 1.5 1.5
manufacture of rubber and plastic products 7.5 34.7 34.7
manufacture of building materials 0.1 14.5 14.3

a In case of the seasonally adjusted volume index, the impact of the differing numbers of working days in a month and seasonally recurring factors has been eliminated. It is calculated only in comparison with the previous period.

b In case of the working-day adjusted volume index, 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.