In April the industrial production grew compared to the previous year

News
Posted on 31 May 2013, 11:00
According to Statistics Estonia, in April 2013, the production of industrial enterprises increased by 3% compared to April of the previous year. The growth in the production was most of all influenced by the manufacturing of electronic products and electricity.

In April the production in manufacturing increased by 2% compared to the same month of the previous year. Among the branches of industry holding larger shares, the production grew also in the manufacture of wood and chemical products and building materials. The volume of production fell in the manufacture of food products, electrical equipment and metal products.

In April, 72% of the whole production of manufacturing was sold on the external market. According to unadjusted data, the export sales of the manufacturing production grew 15% compared to April 2012, domestic sales increased 7%.

In April 2013 compared to March, the seasonally adjusted total industrial production decreased 3%, the production in manufacturing fell 4%.

Compared to April 2012, the production of electricity increased by 19%, the production of heat remained on the level of the previous year. The growth of electricity production was mainly caused by the increase in exports compared to April of the previous year.

 

The volume index and trend of production in manufacturing, January 2004 – April 2013 (2010 = 100)

Diagram: The volume index and trend of production in manufacturing

 

Change in volume index of industrial production, April 2013 (percentages)
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 -3.3 7.7 2.6
Energy production 1.5 13.2 10.1
Mining -2.1 4.6 1.2
Manufacturing -3.6 7.2 1.6
manufacture of computer, electronic and optical products 5.5 27.7 20.2
manufacture of wood and wood products -3.9 10.2 5.5
manufacture of food products 0.4 1.2 -1.9
manufacture of fabricated metal products -2.0 -4.8 -10.9
manufacture of electrical equipment -0.9 -9.7 -15.8
manufacture of chemicals and chemical products -13.2 11.3 5.4
manufacture of furniture 2.0 7.6 0.1
manufacture of motor vehicles 2.7 1.8 -3.4
manufacture of building materials -4.3 9.2 4.2

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.