In July industrial production increased

Elektroonikatööstuse toodang Eestis on viimastel kuudel stabiilselt kasvanud. Pildil Enics Eesti elektroonikaseadmeid tootev tehas Elvas.

PHOTO: Jaanus Lensment / Postimees

According to Statistics Estonia, in July 2014, the production of industrial enterprises rose 2% compared to July of the previous year. The production increased in manufacturing and energy, while in mining the production decreased.

Since January, manufacturing has shown a stable 1‒6% growth in production compared to the same month of the previous year. In July, the increase in manufacturing was 5% compared to July of the previous year. Production exceeded the volume of July 2013 in most of the branches of industry. The growth in production was influenced the most by an increase in the manufacture of electronic, wood and food products. The volume of production fell in the manufacture of chemicals, motor vehicles and building materials.

In July, 68% of the whole production of manufacturing was sold on the external market. Compared to July 2013, export sales of manufacturing production rose 4% and domestic sales increased 6% according to unadjusted data In July 2014 compared to June, the seasonally adjusted total industrial production increased 3% and the production in manufacturing increased 2%.

Compared to July 2013, the production of electricity increased 7% and the production of heat fell 3%.

The volume index and trend of production in manufacturing, January 2005 – July 2014 (2010 = 100)

Diagram: The volume index and trend of production in manufacturing

Change in volume index of industrial production, July 2014 (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

TOTAL2.92.42.4
Energy production-1.13.03.0
Mining16.5-16.4-16.4
Manufacturing1.54.74.7
manufacture of computer, electronic and optical products7.89.79.7
manufacture of wood and wood products-2.013.913.9
manufacture of food products-1.13.13.2
manufacture of fabricated metal products-5.93.83.8
manufacture of electrical equipment-0.47.07.0
manufacture of chemicals and chemical products5.5-18.0-18.0
manufacture of furniture-3.8-2.3-2.3
manufacture of motor vehicles-11.5-14.5-14.5
manufacture of building materials3.2-4.8-4.8
manufacture of machinery and equipment-7.65.75.7
manufacture of refined petroleum products2.14.74.7

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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