In April, the total industrial production remained the same year on year

News
Posted on 31 May 2019, 11:00

According to Statistics Estonia, production increased in manufacturing, but decreased in energy and mining.

In April, the total production in manufacturing was 3% higher than in the corresponding month of 2018. In April, over a half of the branches of industry exceeded the volume of the same month of the previous year. The growth in production was mostly due to an increase in the manufacture of food products, computers and electronic products and furniture. Among the branches of industry with larger shares, production fell in the manufacture of wood and fabricated metal products.

In April, 68% of the total production of manufacturing was sold to the external market. According to unadjusted data, compared to April 2018, the sales of manufacturing production for exports increased by 8% and sales to the domestic market by 9%.

In April 2019, compared to March, the seasonally adjusted total industrial production decreased by 1% and the production of manufacturing fell by 2%.

Compared to April 2018, the production of electricity decreased by 37% and the production of heat remained at the same level.

Change in volume index of industrial production, April 2019
(percentages)
Economic activity Change on previous month according to seasonally adjusted dataa Change on same month of previous year
according to unadjusted data according to working-day adjusted datab
TOTAL -1.4 -0.4 -0.4
Energy production 1.3 -23.3 -23.3
Mining 2.3 -16.1 -16.1
Manufacturing -2.4 3.5 3.5
manufacture of wood and wood products 0.7 -1.0 -1.0
manufacture of food products 1.5 4.1 4.1
manufacture of computers, electronic and optical products -3.2 17.4 17.4
manufacture of fabricated metal products -14.1 -10.0 -10.0
manufacture of electrical equipment 1.8 -0.5 -0.5
manufacture of furniture -4.8 11.6 11.6
manufacture of motor vehicles -3.8 -2.5 -2.5
manufacture of building materials -1.6 11.7 11.7
manufacture of machinery and equipment -14.7 1.5 1.5
manufacture of chemical products -4.4 -0.3 -0.3

a In the case of the seasonally adjusted volume index, the impact of different number 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 the case of the working-day adjusted volume index, the impact of different 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 17 May 2019, and “Energy production, sales and fuel consumption”, the submission date of which was 11 May 2019. Statistics Estonia published the monthly overview in 10 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 conducting this statistical activity.