In August, the volume of industrial production was slightly higher than in July

news release no 115

According to Statistics Estonia, in August 2019, the production of industrial enterprises decreased by 2% compared to August 2018. Production increased in manufacturing, but decreased in energy as well as in mining.

In August, the total production in manufacturing increased by 4% year on year. Over a half of the branches of industry exceeded the volume of August 2018. The growth in production was mostly due to an increase in the manufacture of food products, computers and electronic products, and wood. Among the branches of industry with larger shares, production fell in the manufacture of machinery and equipment and in the manufacture of electrical equipment.

66% 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 4%, while sales to the domestic market decreased by 3%.

In August 2019, compared to July, the seasonally adjusted total industrial production rose by 4% and the production of manufacturing by 3%.

Compared to August 2018, the production of electricity decreased by 56%,  the production of heat rose by 1%.

Change in volume index of industrial production, August 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 3.8 -4.8 -2.5
Energy production 4.7 -47.9 -47.9
Mining 12.6 -28.2 -28.2
Manufacturing 2.8 1.2 3.9
manufacture of wood and wood products 0.5 -1.6 0.8
manufacture of food products 0.2 3.7 5.8
manufacture of computers, electronic and optical products 4.1 0.4 2.9
manufacture of fabricated metal products 9.3 -0.3 3.1
manufacture of electrical equipment 2.1 -7.5 -3.9
manufacture of furniture -2.1 -4.5 -0.8
manufacture of motor vehicles 8.9 1.7 4.0
manufacture of building materials 3.1 2.7 5.5
manufacture of machinery and equipment -0.2 -11.8 -8.8
manufacture of chemical products -5.6 -1.8 0.8

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 September 2019, and “Energy production, sales and fuel consumption”, the submission date of which was 11 September 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.

For further information:

Helle Bunder
Analyst
Enterprise and Agricultural Statistics Department
Statistics Estonia
Tel +372 625 9290

More detailed data have been published in the statistical database (volume index of industrial production and production of electricity and heat.