In June, industrial production was slightly smaller than a year ago
According to Statistics Estonia, in June 2019, the production of industrial enterprises decreased by 4% compared to June 2018. Production increased in manufacturing, but decreased in energy as well as in mining.
In June, the total production in manufacturing was 2% higher than in the corresponding month of 2018. Over a half of the branches of the industry didn’t exceed last year’s volume. The manufacture of food products, computers and electronic products, and other non-metallic mineral products experienced growth, while production fell in the manufacture of wood, fabricated metal products and furniture.
In June, 68% of the total production of manufacturing was sold to the external market. According to unadjusted data, compared to June 2018, the sales of manufacturing production for exports decreased by 2% and sales to the domestic market by 7%.
Compared to June 2018, the production of electricity decreased by 58% and the production of heat by 10%.
In June 2019, compared to May, the seasonally adjusted total industrial production fell by 6% and the production of manufacturing by 4%.
| Economic activity | Change on previous month according to seasonally adjusted dataa | Change on same month of previous year | |
|---|---|---|---|
| according to unadjusted data | according to working-day adjusted datab | ||
| TOTAL | -5.7 | -8.4 | -3.8 |
| Energy production | -24.7 | -51.2 | -51.2 |
| Mining | -16.6 | -29.2 | -29.2 |
| Manufacturing | -4.2 | -3.1 | 2.2 |
| manufacture of wood and wood products | -2.9 | -7.7 | -3.2 |
| manufacture of food products | -1.1 | -0.4 | 3.6 |
| manufacture of computers, electronic and optical products | -0.9 | 18.8 | 24.9 |
| manufacture of fabricated metal products | -6.9 | -13.0 | -6.8 |
| manufacture of electrical equipment | -1.7 | -13.7 | -6.8 |
| manufacture of furniture | -13.7 | -12.4 | -5.5 |
| manufacture of motor vehicles | -3.4 | -8.0 | -3.6 |
| manufacture of building materials | -2.1 | 0.0 | 5.6 |
| manufacture of machinery and equipment | -2.0 | 7.7 | 15.3 |
| manufacture of chemical products | 5.5 | -14.4 | -10.0 |
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 July 2019, and “Energy production, sales and fuel consumption”, the submission date of which was 11 July 2019. Statistics Estonia published the monthly overview in 10 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.