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Industrial production fell by 3% in June
Kuupäev 05.08.2024
Article
According to Statistics Estonia, in June 2024, the total production of industrial enterprises fell by 3% compared with June last year. Among the three industrial sectors, output increased by 4% in electricity production but decreased by 19.7% in mining and by 2.3% in manufacturing.
Industrial production volume fell by 10.5% last year (corrected 07.02.2024)
Kuupäev 06.02.2024
Article
According to Statistics Estonia, in 2023, the total production of industrial enterprises fell by 10.5% at constant prices compared with the year before. Output decreased in all three industrial sectors: by 21% in electricity production, by 9.8% in manufacturing, and by 4.7% in mining.
The decline in industrial production continued in July
Kuupäev 04.09.2024
Article
According to Statistics Estonia, in July 2024, the total production of industrial enterprises decreased by 5.8% at constant prices compared with July last year. Among the three main sectors, output increased by 16.9% in mining and by 16.3% in electricity production but decreased by 7.8% in manufacturing.
Industrial production in August declined significantly in the manufacture of wood
Kuupäev 04.10.2024
Article
Helle Bunder, leading analyst at Statistics Estonia, pointed out that, as in the first half of the year, when the volume of manufacturing declined by 6%, the fall continued at the same rate in August. “Also, as in the previous months, the volume of industrial production was down in two thirds of the manufacturing activities,” Bunder added. Looking at the larger industries, output decreased in the manufacture of wood (14.4%), electrical equipment (4.7%), and building materials (8%). The manufacture of food products and fabricated metal products remained nearly unchanged, with production falling
In manufacturing, prices have risen for several months in a row
Kuupäev 20.12.2024
Article
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with November 2023, the producer price index was most affected by price decreases in electricity and heat energy production and in the manufacture of fuel oils and fabricated metal products. “Increased prices in the manufacture of wood and wood products, in the repair of machinery and equipment, and in the manufacture of food products had the opposite effect on the index, so that prices in manufacturing as a whole rose by 1.1% in November. In manufacturing, prices have increased for several months
The producer price index rose by 0.2% in October year on year
Kuupäev 20.11.2024
Article
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that producer prices in manufacturing as a whole increased for the second month in a row – by 0.7% in October and by 0.8% in September. “Compared with October 2023, the producer price index was most affected by higher prices in the manufacture of wood and wood products, in the repair of machinery and equipment, and in the manufacture of electronic equipment. Falling prices in the manufacture of fuel oils and in electricity and heat energy production had the opposite effect on the index. Producer prices in the
The decline in industrial production volumes was slower in May
Kuupäev 04.07.2024
Article
According to Statistics Estonia, in May 2024, the total production of industrial enterprises fell by 1.2% compared with May last year. Among the three industrial sectors, output increased by 2.1% in electricity production but decreased by 0.7% in mining and by 1.4% in manufacturing.
Increased prices of wood products had the biggest impact on the producer price index of industrial output
Kuupäev 20.09.2024
Article
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 1.0% in August 2024 compared with July and by 1.7% compared with August last year.
Industrial production fell by 4.7% in April
Kuupäev 05.06.2024
Article
According to Statistics Estonia, in April 2024, the total production of industrial enterprises fell by 4.7% compared with April last year. Among the three main sectors, output increased by 3.6% in mining and by 10.1% in electricity production but decreased by 5.7% in manufacturing.