Manufacture of food products increased in February
According to Statistics Estonia, in February 2020, the production of industrial enterprises remained at the level of February 2019. Of the three sectors of industry, production increased in manufacturing, but decreased in energy and mining.
Compared to February 2019, the total production in manufacturing increased by 6%. Among the branches with larger shares, production increased in the manufacture of chemical products and electrical equipment, but the most significant impact on the increase in production came from the manufacture of food products. Production fell in the manufacture of computers and electronic products and fabricated metal products.
69% of the total production of manufacturing was sold to the external market. Exports accounted for the largest share of sales in the manufacture of electronic products and pharmaceuticals. According to unadjusted data, compared to the previous year, the sales of manufacturing production for exports increased by 1% and sales to the domestic market decreased by 6%.
In February 2020, compared to January 2020, the seasonally adjusted total industrial production increased by 9% and the production of manufacturing by 8%.
Compared to February 2019, the production of electricity decreased by 48% and the production of heat by 8%. As in 2019, the production of electricity decreased due to higher carbon dioxide prices, which made the production of electricity from oil shale more expensive.
| 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 | 8.6 | -4.1 | -0.2 |
| Energy production | 7.2 | -32.3 | -32.3 |
| Mining | 0.9 | -33.1 | -33.1 |
| Manufacturing | 8.1 | 1.2 | 5.9 |
| manufacture of wood and wood products | 7.1 | -2.8 | 1.2 |
| manufacture of food products | 3.4 | 5.5 | 9.1 |
| manufacture of computers, electronic and optical products | -3.0 | -19.3 | -15.8 |
| manufacture of fabricated metal products | 5.6 | -6.5 | -1.0 |
| manufacture of electrical equipment | 7.5 | 0.1 | 6.8 |
| manufacture of furniture | -3.6 | -17.7 | -12.2 |
| manufacture of motor vehicles | 12.0 | -6.1 | -2.4 |
| manufacture of building materials | 4.5 | -7.8 | -3.5 |
| manufacture of machinery and equipment | 2.5 | -13.2 | -8.1 |
| manufacture of chemical products | 4.5 | 16.4 | 21.5 |
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 March 2020, and “Energy production, sales and fuel consumption”, the submission date of which was 11 March 2020. Statistics Estonia published the monthly overview in 16 working days. Statistics Estonia performs the statistical activity “Production indices” for the Ministry of Economic Affairs and Communications.