Production decreased in most branches of industry
According to Statistics Estonia, in January 2020, the production of industrial enterprises decreased by 11% compared to January 2019. Production decreased in manufacturing as well as in energy and mining.
Compared to January 2019, the total production in manufacturing decreased by 4%. Among the branches with larger shares, production fell in the manufacture of wood, fabricated metal products and computers and electronic products. Growth was registered in the manufacture of food products and shale oil.
68% of the total production of manufacturing was sold to the external market. According to unadjusted data, the sales of manufacturing production for exports decreased by 3% and to the domestic market by 2%. In January 2020, compared to December 2019, the seasonally adjusted total industrial production decreased by 1% and the production of manufacturing increased by 1%.
Compared to January 2019, the production of electricity decreased by 59% and the production of heat by 25%.
| 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 | -1.1 | -11.2 | -11.2 |
| Energy production | -17.5 | -46.0 | -46.0 |
| Mining | 0.5 | -30.4 | -30.4 |
| Manufacturing | 0.9 | -4.1 | -4.1 |
| manufacture of wood and wood products | -9.2 | -2.2 | -2.2 |
| manufacture of food products | 3.1 | 4.6 | 4.6 |
| manufacture of computers, electronic and optical products | 4.7 | -14.1 | -14.1 |
| manufacture of fabricated metal products | -2.3 | -5.0 | -5.0 |
| manufacture of electrical equipment | -0.3 | -7.5 | -7.5 |
| manufacture of furniture | 3.2 | -1.5 | -1.5 |
| manufacture of motor vehicles | 3.9 | -16.1 | -16.1 |
| manufacture of building materials | -3.0 | -18.8 | -18.8 |
| manufacture of machinery and equipment | 3.0 | 2.3 | 2.3 |
| manufacture of chemical products | 4.0 | -4.2 | -4.2 |
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 February 2020, and “Energy production, sales and fuel consumption”, the submission date of which was 11 February 2020. Statistics Estonia published the monthly overview in 14 working days. Statistics Estonia performs the statistical activity “Production indices” for the Ministry of Economic Affairs and Communications.