Estonia - Industrial Production





Estonia: Industrial Production

Mnemonic IP.IEST
Unit Vol. Index 2015=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 9.56 %
Data Jul 2021 110.7
Jun 2021 122.4

Series Information

Source Statistics Estonia
Release Volume index of industrial production by economic activity
Frequency Monthly
Start Date 1/31/2000
End Date 7/31/2021

Estonia: Business

Reference Last Previous Units Frequency
Capacity Utilization 2021 Q3 78.8 76.5 %, SA Quarterly
Business Confidence Aug 2021 17.9 21.6 SA Monthly
Industrial Production Jul 2021 110.7 122.4 Vol. Index 2015=100, NSA Monthly
Change in Inventories 2021 Q2 226.32 139.15 Mil. EUR, NSA Quarterly
Real Change in Inventories 2021 Q2 188.35 118.48 Mil. Ch. 2015 EUR, NSA Quarterly

Release Information

Industrial production index for Estonia; for mining, manufacturing and utilities; detailed by activity and MIG aggregate; monthly from 2000.

Active:

  • Classification: EMTAK 2008, the local adaptation of NACE Rev. 2
  • Measurement: Fixed-base volume index relative to 2015 (Vol. Index 2015=100)
  • Adjustments:
    • Calendar day adjusted and seasonally adjusted (CDASA)
    • Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start dates:
    • Mostly 2000m1
    • 2003m1 for branch [30]

Predecessors:

  • EMTAK 2008, 2015=100 - 2000 to 2020
  • EMTAK 2008, 2010=100 - 2000 to 2017
  • EMTAK 2008, 2005=100 - 2000 to 2012
  • EMTAK 2003, 2000=100 - 1984 to 2008

Survey data

The population is 1,200 objects. Census is used.

Enterprises whose main activity is industry: enterprises with 20 or more persons employed and enterprises with less than 20 persons employed, whose annual sales exceed 2 million euros. The data were not expanded to the population of enterprises. The industrial production output of these enterprises accounted for 90% of the total industrial output in monetary terms.

Administrative data

Not used

Data from other statistical activities

Data from statistical activities 20205 “Energy consumption and production (monthly)” (electricity and heat production and sales), 20300 “Financial statistics of enterprises (annual)” (final annual data on industrial sales and inventory stocks), 20408 “Producer price index of industrial output” (producer price indices) and 22303 “Foreign trade” (export and import of electricity) are used.

Data are collected and the submission of questionnaires is monitored through eSTAT (the web channel for electronic data submission). The questionnaires have been designed for independent completion in eSTAT and include instructions and controls. The questionnaires and information about data submission are available on the website of Statistics Estonia in the section Questionnaires.

Data are collected with the official statistics monthly questionnaire “Industry”.

Arithmetic and qualitative controls are used in the validation process, including comparison with other data. Before data dissemination, several checks on the internal coherence of the data are carried out.

In the case of missing or unreliable data, estimate imputation based on established regulations will be used.

Variables and statistical units which were not collected but which are necessary for producing the output are calculated. New variables are calculated by applying arithmetic conversion to already existing variables. This may be done repeatedly, the derived variable may, in turn, be based on previously derived new variables.

Microdata are aggregated to the level necessary for analysis. This includes aggregating the data according to the classification, and calculating various statistical measures.

The collected data are converted into statistical output. This includes calculating additional indicator

Time series are seasonally and working day adjusted.

Definitions

Industrial production
Industrial sales ± change in stocks.
Number of persons employed
Total number of persons who work in the observation unit (inclusive of working proprietors, partners working regularly in the unit and unpaid family workers), as well as persons who work outside the unit but are on the staff list and on the payroll of the unit (e.g. sales representatives, delivery personnel, repair and maintenance teams). Included are also persons absent for a short period (e.g. sick leave, paid leave or special leave), and those on strike, but not those absent for an indefinite period. The number of persons employed also includes part-time workers who are regarded as such under the laws of the country concerned and who are on the payroll, as well as seasonal workers, apprentices and home workers on the payroll.
Calculated as average of a quarter.
Excludes manpower supplied to the unit by other enterprises, persons carrying out repair and maintenance work in the enquiry unit on behalf of other enterprises.
Unpaid family workers
Persons who live with the proprietor of the unit and work regularly for the unit, but do not have a contract of service and do not receive a fixed sum for the work they perform. This is limited to those persons who are not included on the payroll of another unit as their principal occupation.
Number of hours worked
Hours actually worked during normal working hours and hours worked in addition to those. If the exact number of hours actually worked is not known, it may be estimated on the basis of the theoretical number of working hours.
Personnel costs
Wages and salaries + employers’ social security taxes.
Sales index
Shows the change in the value of sold industrial production in current prices compared to the base period.
Unadjusted volume index
Shows the change in the value of industrial production in constant prices compared to the base period. The producer price index is used for calculating the production values in constant prices.
Working-day adjusted volume index
Shows the change in the volume of industrial production taking into account the number of working days in a month. It is calculated only in comparison with the corresponding period of the previous year.
Seasonally adjusted volume index
Shows the change in the volume of industrial production, which has not been influenced by seasonally recurring factors. It is calculated only in comparison with the previous period (month or quarter).
Manufacture of other food products
Includes manufacturing of chocolate and sugar confectionery, condiments and seasonings, prepared meals.
Manufacture of other non-metallic mineral products
Includes manufacturing of glass products, ceramic, cement, concrete, tiles and other construction products,
Manufacture of machinery and equipment n.e.c.
Includes manufacturing of machinery for agriculture, forestry, mining, construction, food, textile and paper production and their repair parts.
Manufacture of other transport equipment
Includes building of ships, railway and aircraft.

Yes. The data for current year may be revised when the data for the next quarter are added.

Further reading

At the source:

  • https://www.stat.ee/en/find-statistics/statistics-theme/economy/industry
  • https://www.stat.ee/en/find-statistics/methodology-and-quality/esms-metadata/22201
  • https://andmed.stat.ee/en/stat/majandus__toostus__toostustoodanguindeksid__luhiajastatistika/TO0053

At IMF (SDDS):