Industrial production in Malta increased 0.6 percent from a year earlier in November 2019, following an upwardly revised 2.2 percent rise in the prior month. It was the smallest gain in industrial activity since a contraction was seen in May, as production fell markedly for capital goods (-8.7 percent vs -1.8 percent in October) and it slowed for consumer goods (3.7 percent vs 8.8 percent), driven by durable (-4.3 percent vs -2.9 percent) and non-durable consumer goods (4.2 percent vs 9.5 percent). Conversely, output rebounded for intermediate goods (3.8 percent vs -3.6 percent) and energy (1 percent vs -0.5 percent). On a seasonally adjusted monthly basis, industrial production rose 2.6 percent, after a downwardly revised 0.7 percent fall in the preceding month.
Industrial Production in Malta averaged 0.64 percent from 2006 until 2019, reaching an all time high of 16.50 percent in June of 2007 and a record low of -20.50 percent in September of 2009. This page provides the latest reported value for - Malta Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Industrial Production in Malta is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Malta to stand at 1.80 in 12 months time. In the long-term, the Malta Industrial Production is projected to trend around 0.60 percent in 2020, according to our econometric models.