Analytics, Estonia, Industry, Statistics
International Internet Magazine. Baltic States news & analytics
Thursday, 25.04.2024, 11:48
The volume of industrial production increased in Estonia in July
In July, manufacturing
production rose 1% compared to July 2015. Production surpassed the volume of
the previous year in half of the branches of industry.
The growth in production
was mostly due to an increase in the manufacture of wood products and
electrical equipment. Among the branches of industry holding larger shares,
production rose also in the manufacture of textiles, motor vehicles and
furniture. Production fell in the manufacture of electronic and metal products
and of machinery and equipment.
In July, 68% of the
whole production of manufacturing was sold on the external market. According to
unadjusted data, the domestic sales of manufacturing production dropped 8% and
export sales 6% compared to July 2015. In July 2016, there were two working
days less than last year.
In July 2016 compared to
the previous month, the seasonally adjusted total industrial production rose
5%, with production in manufacturing having increased 1%.
Compared to July 2015,
the production of electricity increased 44% and the production of heat
decreased 9%.