Production increased in manufacturing

According to Statistics Estonia, in June 2019, the production of industrial enterprises decreased by 4% compared to June 2018. Production increased in manufacturing, but decreased in energy as well as in mining.

In June, the total production in manufacturing was 2% higher than in the corresponding month of 2018. Over a half of the branches of the industry didn’t exceed last year’s volume. The manufacture of food products, computers and electronic products, and other non-metallic mineral products experienced growth, while production fell in the manufacture of wood, fabricated metal products and furniture.

In June, 68% of the total production of manufacturing was sold to the external market. According to unadjusted data, compared to June 2018, the sales of manufacturing production for exports decreased by 2% and sales to the domestic market by 7%.

Compared to June 2018, the production of electricity decreased by 58% and the production of heat by 10%.

In June 2019, compared to May, the seasonally adjusted total industrial production fell by 6% and the production of manufacturing by 4%.

Read more on Statistics Estonia website

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: