In January, the volume of industrial production was greater than a year ago

news release no 25

According to Statistics Estonia, in January 2018, the production of industrial enterprises increased 8% compared to January 2017. Production increased in manufacturing and decreased in mining and in energy.

In January, the total production in manufacturing was 10% higher compared to the corresponding month of 2017. The growth in production was mostly due to an increase in the manufacture of wood products, electronic equipment and food products. Production increased considerably also in the manufacture of metal products. Among the branches of industry with larger shares, production fell in the manufacture of furniture.

In January, 68% of the total production of manufacturing was sold to the external market. According to unadjusted data, sales of manufacturing production for exports increased 10% and sales to the domestic market increased 19% compared to January 2017.

In January 2018, the seasonally adjusted total industrial production increased 2% and the production of manufacturing increased 1% compared to the previous month.

Compared to January 2017, the production of electricity decreased 10% and the production of heat increased 12%.

Volume index of production in manufacturing and its trend, January 2009 – January 2018 (2015 = 100)

Change in volume index of industrial production, January 2018
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 1.9 7.6 7.6
Energy production 4.2 -2.5 -2.5
Mining 2.3 -0.5 -0.5
Manufacturing 1.4 10.4 10.4
manufacture of wood and wood products 6.9 11.8 11.8
manufacture of food products 0.0 6.8 6.8
manufacture of computer, electronic and optical products -1.9 12.6 12.6
manufacture of fabricated metal products -0.4 10.2 10.2
manufacture of electrical equipment -6.3 -0.4 -0.4
manufacture of furniture 2.6 -1.3 -1.3
manufacture of motor vehicles -1.6 18.1 18.1
manufacture of building materials 7.8 19.8 19.8
manufacture of machinery and equipment 14.0 21.1 21.1
manufacture of textiles 2.4 0.5 0.5

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 17.02.2018, and “Energy production, sales and fuel consumption”, the submission date of which was 10.02.2018. Statistics Estonia published the monthly overview in 11 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.

For further information:

Merike Sinisaar
Leading Statistician-Methodologist
Enterprise and Agricultural Statistics Department
Statistics Estonia
Tel +372 625 9291

More detailed data have been published in the Statistical Database (volume index of industrial production and production of electricity and heat).