In January, the volume of industrial production was greater than a year ago
According to Statistics Estonia, in January 2019, the production of industrial enterprises increased by 5% compared to January 2018. Production increased in manufacturing and energy, but decreased in mining.
In January, the total production in manufacturing was 4% higher compared to the corresponding month of 2018. In January, over a half of the branches of industry exceeded the volume of the same month of the previous year. The growth in production was mostly due to an increase in the manufacture of computers and electronic products, manufacture of food products and electrical equipment. Among the branches of industry with larger shares, production fell in the manufacture of wood and fabricated metal products.
In January, 69% of the total production of manufacturing was sold to the external market. According to unadjusted data, compared to January 2018, sales of manufacturing production for exports increased by 6% and sales to the domestic market by 2%.
In January 2019, compared to December, the seasonally adjusted total industrial production increased by 1%. The production of manufacturing remained at the same level.
Compared to January 2018, the production of electricity increased by 3% and the production of heat rose by 30%.
|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|
|manufacture of wood and wood products||-5.7||-3.2||-3.2|
|manufacture of food products||0.5||2.5||2.5|
|manufacture of computers, electronic and optical products||1.0||37.4||37.4|
|manufacture of fabricated metal products||-1.1||-3.4||-3.4|
|manufacture of electrical equipment||11.1||4.6||4.6|
|manufacture of furniture||-7.2||-0.8||-0.8|
|manufacture of motor vehicles||1.2||2.1||2.1|
|manufacture of building materials||13.0||17.5||17.5|
|manufacture of machinery and equipment||-4.9||-1.1||-1.1|
|manufacture of chemical products||-11.8||6.2||6.2|
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 17.02.2019, and “Energy production, sales and fuel consumption”, the submission date of which was 11.02.2019. 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.
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