Production increased in the energy sector, mining and quarrying

According to Statistics Estonia, in March 2017, the production of industrial enterprises increased 15% compared to March of the previous year. Production increased in the energy sector, mining and quarrying as well as manufacturing.

In March, manufacturing production was 10% higher compared to the corresponding month of 2016. Production growth was broad-based – in March, production surpassed the volume of March 2016 in more than two-thirds of the branches of industry. The growth in production was mostly due to an increase in the manufacture of wood products, metal products and electrical equipment. Production increased also in the manufacture of food products, motor vehicles and building materials. Among the branches of industry with larger shares, production fell only in the manufacture of electronic products.

In March, 69% of the total production of manufacturing was sold to the external market. According to unadjusted data, the sales of manufacturing production for export increased 11% and sales to the domestic market rose 12% compared to March 2016.

In March 2017 compared to the previous month, the seasonally adjusted total industrial production increased 2%; production in manufacturing rose by 1%.

Compared to March 2016, the production of electricity increased 54% and the production of heat 1%.

Volume index of production in manufacturing and its trend, January 2008 – March 2017

Read more from Statistics Estonia

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