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In March the industrial production grew compared to the previous year

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In March the industrial production grew compared to the previous year
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Photo: Liis Treimann

According to Statistics Estonia, in March 2013, the production of industrial enterprises increased by 7% compared to March of the previous year. The growth in the production was most of all influenced by the manufacturing of electronic products and electricity.

In March the production in manufacturing increased by 5% compared to the same month of the previous year. Among the branches of industry holding larger shares, the production grew also in the manufacture of chemical and metal products, building materials and machinery and equipment. The volume of production fell in the manufacture of food products, electrical equipment and furniture.

In March, 73% of the whole production of manufacturing was sold on the external market. According to unadjusted data, the export sales of the manufacturing production grew 2% compared to March 2012, domestic sales decreased 2%.

In March 2013 compared to February, the seasonally adjusted total industrial production increased 4%, the production in manufacturing grew 2%.

Compared to March 2012, the production of electricity increased by 34% and the production of heat by 15%. The growth of electricity production was mainly caused by the increase in exports compared to March of the previous year.

The volume index and trend of production in manufacturing, January 2004 – March 2013 (2010 = 100)

Diagram: The volume index and trend of production in manufacturing

Change in volume index of industrial production, March 2013 (percentages)
Economic activityChange compared to
the previous month according to
seasonally adjusted dataa
Change compared to
the corresponding month of
the previous year
according to
unadjusted data
according to
working-day adjusted datab
TOTAL3.92.07.1
Energy production14.526.629.9
Mining2.6-5.2-1.8
Manufacturing2.0-0.65.0
manufacture of computer, electronic and optical products0.19.516.2
manufacture of wood and wood products-1.9-4.40.0
manufacture of food products-0.7-4.1-1.0
manufacture of fabricated metal products-2.8-5.21.5
manufacture of electrical equipment6.0-13.3-6.9
manufacture of chemicals and chemical products-4.921.929.3
manufacture of furniture0.7-11.3-4.7
manufacture of motor vehicles-8.4-10.1-5.3
manufacture of building materials-7.94.810.0
manufacture of machinery and equipment20.40.57.
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