The production of industrial enterprises increased 13 pct compared to May last year

According to Statistics Estonia, in May 2017, the production of industrial enterprises increased 13% compared to May of the previous year. Production increased in the energy sector and mining and quarrying as well as in manufacturing.

In May, manufacturing production was 8% higher compared to the corresponding month of 2016. Production growth was broad-based – in May, production surpassed the volume of May 2016 in two-thirds of the branches of industry. The growth in production was mostly due to an increase in the manufacture of wood, metal and food products and electrical equipment. Production increased also in the manufacture of motor vehicles, machinery and equipment and building materials. Among the branches of industry with larger shares, production fell only in the manufacture of electronic products.

In May, 67% of the total production of manufacturing was sold to the external market. According to unadjusted data, the sales of manufacturing production for export increased 7% and sales to the domestic market 15% compared to May 2016.

In May 2017, the seasonally adjusted total industrial production remained on the level of the previous month but production in manufacturing fell by 2%.

Compared to May 2016, the production of electricity increased 69% and the production of heat 26%.

Volume index of production in manufacturing and its trend

Read more from Statistics Estonia

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