Industrial production decreased in October
According to Statistics Estonia, in October 2019, the production of industrial enterprises decreased by 4% compared to October 2018. Production remained at the same level in manufacturing but decreased in energy and mining.
Compared to October 2018, the total production in manufacturing remained the same. 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 electrical equipment and furniture. Manufacture of wood and fabricated metal products remained at last year’s level. Growth was observed in the manufacture of food products, computers and electronic products, and building materials.
66% of the total production of manufacturing was sold to the external market. According to unadjusted data, the sales of manufacturing production for exports as well as to the domestic market decreased by 5%. In October 2019, compared to September, the seasonally adjusted total industrial production rose by 1% and the production of manufacturing by 2%.
Compared to October 2018, the production of electricity decreased by 46% and the production of heat increased by 3%.
| 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 | 0.6 | –3.9 | –3.9 |
| Energy production | –1.6 | –28.3 | –28.3 |
| Mining | –4.2 | –29.0 | –29.0 |
| Manufacturing | 1.6 | 0.1 | 0.1 |
| manufacture of wood and wood products | 3.8 | –0.1 | –0.1 |
| manufacture of food products | –2.5 | 4.4 | 4.4 |
| manufacture of computers, electronic and optical products | –8.9 | 4.5 | 4.5 |
| manufacture of fabricated metal products | 5.8 | 0.1 | 0.1 |
| manufacture of electrical equipment | 4.2 | –0.9 | –0.9 |
| manufacture of furniture | –1.7 | –9.2 | –9.2 |
| manufacture of motor vehicles | –5.6 | –11.0 | –11.0 |
| manufacture of building materials | 2.1 | 1.0 | 1.0 |
| manufacture of machinery and equipment | –4.9 | –11.7 | –11.7 |
| manufacture of chemical products | –1.7 | –7.2 | –7.2 |
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 November 2019, and “Energy production, sales and fuel consumption”, the submission date of which was 11 November 2019. 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.