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In November industrial production increased in most branches of industry

Tööstustoodang. PHOTO: Ants Liigus / Pärnu Postimees.

According to Statistics Estonia, in November 2013, the production of industrial enterprises increased by 2% compared to November of the previous year. The production exceeded the volume of the previous year in most of the branches of industry.

In September the production in manufacturing decreased 2%, whereas in October the production increased by 6% and in November by 2% compared to the same month of the previous year. In November 2013, among the branches of industry holding larger shares, the production grew in the manufacture of food, wood, metal products and electrical equipment. The volume of production fell in the manufacture of electronic and chemical products.

In November, 70% of the whole production of manufacturing was sold on the external market. According to unadjusted data, the export sales of manufacturing fell 6% compared to November 2012, while domestic sales rose 2%.

In November 2013 compared to October, the seasonally adjusted total industrial production decreased by 1%; manufacturing production remained on the level of the previous month.

Compared to November 2012, the production of electricity increased by 1%, while the production of heat fell by 8%.

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

Diagram: The volume index and trend of production in manufacturing

Change in volume index of industrial production, November 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

TOTAL-1.0-0.32.2
Energy production-7.3-1.30.1
Mining-10.27.08.9
Manufacturing-0.1-0.52.2
manufacture of wood and wood products2.15.37.5
manufacture of food products-1.85.16.7
manufacture of computer, electronic and optical products2.1-20.6-18.2
manufacture of fabricated metal products-0.2-2.31.0
manufacture of electrical equipment-3.29.513.4
manufacture of chemicals and chemical products-4.2-14.1-11.7
manufacture of furniture-4.4-9.8-6.5
manufacture of motor vehicles-4.012.215.3
manufacture of building materials-5.5-7.0-4.7
manufacture of machinery and equipment7.1-3.20.2

a In case of the seasonally adjusted volume index of industrial production, the impact of the differing number of working days in a month and seasonally recurring factors have been eliminated. It is calculated only in comparison with the previous period.

b In case of the working-day adjusted volume index of industrial production, the impact of the differing number of working days in a month has been eliminated. It is calculated only in comparison with the corresponding period of the previous year.

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