Industrial production in September was smaller than last year

News
Posted on 31 October 2019, 10:00

According to Statistics Estonia, in September 2019, the production of industrial enterprises decreased by 5% compared to September 2018. Production decreased in manufacturing as well as in energy and mining.

Compared to September 2018, the total production in manufacturing decreased by 1%. The production volume in more than half of the branches was smaller than in the same period last year. Among the branches of industry with larger shares, production fell in the manufacture of wood, fabricated metal products and electrical equipment. Growth was observed in the manufacture of food products, computers and electronic products, and building materials.

68% of the total production of manufacturing was sold to the external market. According to unadjusted data, the sales of manufacturing production for exports increased by 6% and sales to the domestic market by 5%. In September 2019, compared to August, the seasonally adjusted total industrial production fell by 1% and the production of manufacturing by 3%.

Compared to September 2018, the production of electricity decreased by 43%, the production of heat increased by 15%.

Change in volume index of industrial production, September 2019
(Percentages)
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 –1.5 –2.5 –4.8
Energy production 12.2 –34.1 –34.1
Mining 11.4 –24.1 –24.1
Manufacturing –2.9 1.9 –0.7
manufacture of wood and wood products –3.9 –2.5 –4.8
manufacture of food products 1.4 9.7 7.5
manufacture of computers, electronic and optical products 7.8 17.2 14.3
manufacture of fabricated metal products –10.8 –5.2 –8.3
manufacture of electrical equipment –3.7 3.5 –0.3
manufacture of furniture –1.6 –5.1 –8.6
manufacture of motor vehicles –5.8 0.3 –2.0
manufacture of building materials –1.2 10.0 7.0
manufacture of machinery and equipment 7.0 9.0 5.3
manufacture of chemical products 5.9 –3.2 –5.6

a 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 The impact of different number of working days in a month has been eliminated. It is calculated only in year-on-year comparisons.

The statistics are based on the questionnaires “Industry”, the submission date of which was 17 October 2019, and “Energy production, sales and fuel consumption”, the submission date of which was 11 October 2019. Statistics Estonia published the monthly overview in 9 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.