Statistics: Industrial production falls 6 percent on year to June ({{contentCtrl.commentsTotal}})

Enefit oil plant. Photo is illustrative.
Enefit oil plant. Photo is illustrative. Source: Sergei Stepanov/ERR

According to Statistics Estonia, in June 2020, the production of industrial enterprises fell by 6 percent compared with June 2019. Production decreased in manufacturing and mining, while energy production increased, owing to last year's low comparison basis.

In June 2020, the total production in manufacturing decreased by 6 percent year-on-year. According to Helle Bunder, analyst at Statistics Estonia, in contrast to the previous two months, in June, growth was recorded in more manufacturing activities.

Bunder explained: "Production grew somewhat in a third of manufacturing activities. Among the activities with larger shares, production increased in the manufacture of food products, computers and electronic products but decreased in the manufacture of metal products, electrical equipment and wood and products of wood."

68 percent of the total production of manufacturing was sold to the external market. The shares of sales for export were largest in the manufacture of electronic products and pharmaceutical products. According to unadjusted data, the sales of manufacturing production for export remained at last year's level, while sales to the domestic market decreased by 1 percent.

Industrial production increased in a third of manufacturing activities Source: Statistics Estonia (Statistikamet)

In June, compared with May, the seasonally adjusted total industrial production increased by 8 percent and the production of manufacturing by 7 percent.

In energy production, the production of electricity increased by 3 percent and the production of heat by 2 percent compared to June 2019.

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Editor: Katriin Eikin Sein

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