According to Statistics Estonia, the industrial production in January 2008 increased compared to December as well as compared to January of the previous year.
In January 2008, the seasonally adjusted industrial production of Estonia rose 4% compared to December.
In comparison with January of the previous year, the industrial production increased 4%, in manufacturing 2%. Rapid growth continued in energy production and mining. In January 2008, compared to January of the previous year, the production of electricity increased 20%, the production of heat remained on the same level. Growth in the production of energy was mainly caused by the exports via Estlink’s submarine cable.
There was a small growth in manufacturing in January. The growth was mainly influenced by the increase in the production of metal products, chemicals and electrical machinery. The share of exports in the manufacturing of chemicals and electrical machinery is about 80%. Production grew in all branches of machinery and apparatus manufacturing, mainly due to the increase in exports. In January, there was a growth also in the manufacture of textiles, because of the increase in the production of sewn textile articles, while the production of yarn and fabric continues to decrease.
The decrease was observed in all branches of food production except the production of meat products. In the manufacturing of food, which is the leader in price increase, the prices rose 20% during the year, in the manufacturing of milk products the increase was more than 40%, in the manufacturing of grain mill products — more than 60%. The production of building materials fell 19% in connection with a slowdown in construction. The downward trend continues in the manufacturing of wood, the production of plastic products also decreased.
The trend of volume index of production in manufacturing, January 1998 – January 2008
Change in volume index of industrial production, January 2008
(percentage)
| Economic activity | Change compared to
previous month
according to
seasonally adjusted
dataa | Change compared to corresponding
month of previous year |
according to
unadjusted data | according to
working-day
adjusted datab |
| TOTAL | 3.6 | 4.1 | 4.1 |
| Energy production | -4.8 | 12.1 | 12.1 |
| Mining | 1.8 | 9.5 | 9.5 |
| Manufacturing | 8.1 | 2.3 | 2.3 |
| manufacture of food products and beverages | -1.2 | -6.5 | -6.5 |
| manufacture of wood and wood products | 3.2 | -7.9 | -7.9 |
| manufacture of fabricated metal products | 12.5 | 19.1 | 19.1 |
| manufacture of electrical machinery | 2.9 | 7.0 | 7.0 |
| manufacture of building materials | 0.3 | -19.4 | -19.4 |
| manufacture of chemicals and chemical products | 1.0 | 11.5 | 11.5 |
| manufacture of furniture; manufacturing not elsewhere classified | 3.0 | 3.9 | 3.9 |
| manufacture of radio, television and communication equipment and apparatus | -1.9 | 7.4 | 7.4 |
| manufacture of textiles | 6.2 | 9.7 | 9.7 |
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 the 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.
| For further information: Lilian Bõkova
Leading Statistician
Industry, Construction and Energy Statistics Service
Statistics Estonia
Tel +372 625 9228 | More detailed data have been published in the Statistical Database. |
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