According to Statistics Estonia, in March the production of industrial enterprises increased by 8% compared to March 2017. Production increased in manufacturing as well in mining and in energy.
In March the total production in manufacturing was 5% higher compared to the corresponding month of 2017. In March over a half of the branches of industry exceeded the volume of the same month of the previous year. The growth in production was mostly due to an increase in the manufacture of wood products, electronic equipment and fabricated metal products. Production increased considerably also in the manufacture of machinery and equipment and refined petroleum products. Among the branches of industry with larger shares, production fell in the manufacture of food products and furniture.
In March 68% of the total production of manufacturing was sold to the external market. According to unadjusted data, sales of manufacturing production for exports remained on the same level compared to the corresponding month of 2017, while sales to the domestic market increased 7% compared to March 2017.
In March the seasonally adjusted total industrial production increased by 4% and the production of manufacturing by 2% compared to the previous month.
Compared to March 2017 the production of electricity increased by 9% and the production of heat by 51%. (ERR/Business World Magazine)
