Production increased in the energy sector and manufacturing

According to Statistics Estonia, in June 2017, the production of industrial enterprises increased 15% compared to June 2016. Production increased in the energy sector and mining and quarrying as well as in manufacturing.

The nearly two-fold increase in the production of mining and quarrying compared to the previous year was caused by an extraordinary low amount of oil shale production in June 2016.

In June, manufacturing production was 10% higher compared to the corresponding month of 2016. Production growth was broad-based – in June, production surpassed the volume of June 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 in the manufacture of electronic products, furniture and textiles.

In June, 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 3% and sales to the domestic market 17% compared to June 2016.

In June 2017, the seasonally adjusted total industrial production rose 1% compared to the previous month, production in manufacturing increased by 3%.

Compared to June 2016, the production of electricity increased 36% and the production of heat 15%.Volume index of production in manufacturing and its trend

Read more from Statistics Estonia


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