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The volume of industrial production decreased by 2%

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Posted on 30. October 2020 8:00

According to Statistics Estonia, in September, the production of industrial enterprises decreased by 2% compared to September 2019. In the three main industrial sectors, the fall in production was 2% in manufacturing, 5% in energy production and 8% in mining.

According to Helle Bunder, analyst at Statistics Estonia, the volume of production decreased in more than a half of manufacturing activities. “Among the activities with the largest shares, the biggest decrease was recorded in the manufacture of fabricated metal products and in the manufacture of building materials. At the same time, production increased in the manufacture of computer and electronic products, in the manufacture of electrical equipment, and also in the manufacture of wood,” added Bunder.

69% of the total production of manufacturing was sold to the external market. The share of export sales was the highest in the manufacture of computer and electronic products. According to unadjusted data, the export sales of manufacturing production increased by 6% year on year, while domestic sales fell by 4%.

In September, compared to August, the seasonally adjusted total industrial production and the production of manufacturing both increased by 1%.

In energy production, the volume of electricity production (in megawatt-hours) decreased by 1% and the production of heat by 10%, compared to September 2019.

The volume index and trend of production in manufacturing, January 2010 – September 2020 (2015 = 100)

 

Change in volume index of industrial production by economic activity, %*

Statistics Estonia performs the statistical activity “Production indices” for the Ministry of Economic Affairs and Communications with the aim to determine the economic situation in Estonia.

More detailed data have been published in the statistical database.

 

For further information:

Kaia-Liisa Tabri
Communications Partner

Marketing and Dissemination Department
Statistics Estonia
Tel +372 507 0521

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