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Tuesday, 23.04.2024, 21:36
In October, the volume of industrial production in Estonia rose by 6% in Estonia
In October, manufacturing production was 8% higher compared to the corresponding month of 2016. In October 2017, production surpassed the volume of October 2016 in more than two thirds of the branches of industry. The growth in production was mostly due to an increase in the manufacture of wood products, food products, machinery, metal products and electrical equipment.
Production increased considerably also in the manufacture of motor vehicles.
Among the branches of industry with larger shares, production fell in the
manufacture of electronic equipment.
In October, two-thirds of the total production of
manufacturing was sold to the external market. According to unadjusted data,
the sales of manufacturing production for exports increased 15% and sales to
the domestic market increased 14% compared to October 2016.
In October 2017, the seasonally adjusted total
industrial production as well as production in manufacturing increased 2%
compared to the previous month.
Compared to October 2016, the production of
electricity decreased 9% and the production of heat decreased 4%.
Change in volume index of industrial production, October 2017 (%) |
||||
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 |
1.8 |
8.9 |
6.2 |
|
Energy
production |
5.5 |
-7.5 |
-7.5 |
|
Mining |
-8.1 |
22.2 |
19.8 |
|
Manufacturing |
2.3 |
10.2 |
8.1 |
|
manufacture of wood and wood products |
-5.6 |
7.6 |
5.1 |
|
manufacture
of food products |
1.5 |
7.5 |
5.4 |
|
manufacture of computer, electronic and optical products |
-7.7 |
-12.3 |
-14.6 |
|
manufacture of fabricated metal products |
7.6 |
18.9 |
14.9 |
|
manufacture
of electrical equipment |
-1.8 |
19.7 |
15.4 |
|
manufacture
of furniture |
2.3 |
5.7 |
1.8 |
|
manufacture
of motor vehicles |
2.2 |
22.5 |
19.7 |
|
manufacture
of building materials |
-1.9 |
6.7 |
4.0 |
|
manufacture of machinery and equipment |
14.8 |
29.6 |
25.3 |
|
manufacture
of textiles |
-2.1 |
5.1 |
2.1 |
|
a In the case
of the seasonally adjusted volume index of industrial production, 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 of industrial production, 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 17.11.2017, and “Energy
production, sales and fuel consumption”, the submission date of which was
10.11.2017. Statistics Estonia published the monthly overview in 9 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.