According to Statistics Estonia Statistikaamet. , in August, the total production of industrial enterprises increased 0.8% at constant prices compared with August 2021. Output rose in two of the three sectors – up 10.2% in electricity production and as much as 121.4% in mining – but fell 3.7% in manufacturing.
 

Helle Bunder, analyst at Statistics Estonia Statistikaamet. , said that manufacturing showed some signs of recovery in August after the summer holiday month of July. “In the mining industry, record growth was recorded in peat production thanks to favourable weather conditions,” Bunder pointed out.

The volume of industrial production decreased in half of the manufacturing activities. Among the activities with larger shares, output fell in the manufacture of wood (9.5%), fabricated metal products (11.0%), and building materials (12.0%). Among the larger industries, there was an increase in production in the manufacture of electronic products (9.0%), shale oil (20.3%), and machinery and equipment n.e.c. (19.2%). Manufacture of food products (0.4%) remained almost unchanged.

In August 2022, compared with the same month last year, sales of manufacturing production grew 14.2% at current prices and according to working-day adjusted data. Export sales increased 14.3% (20.5% in the euro area and 6.4% in the non-euro area) and domestic sales was up 14.1%. 66.2% of the total production of manufacturing was sold to the external market.

In August compared with July, the seasonally adjusted total industrial production increased 5.0% and the production of manufacturing 4.6%.

In energy production, compared with August 2021, the volume of electricity production (in megawatt-hours) increased 28.6%, while the production of heat decreased 11.3%.