According to the information released by Statistics Estonia morning, the production of industrial enterprises increased by 8% YoY in November 2018, with production increasing in manufacturing and energy, but decreasing in mining.
Total production in manufacturing in November 2018 increased by 8%, with over half of all industry branches exceeding its 2017 November volumes. This growth in production was due primarily to an increase in the manufacture of computers and electronic products as well as in the manufacture of food products and wood.
Among industry branches with larger shares, production fell in the manufacture of electrical equipment and chemical products.
In November 2018, 68% of the total production of manufacturing was sold to the external market. According to unadjusted data, the sales of manufacturing production for export increased by 11% and sales to the domestic market by 14% YoY.
Compared to the previous month, the seasonally adjusted total industrial production in November 2018 increased by 5%, while manufacturing production rose by 4%.
Compared to November 2017, electricity production decreased by 3%. (ERR/Business World Magazine)
