Malta's industrial production slumped by 10.7 percent from a year earlier in February of 2021, the largest contraction since March of 2016, following an upwardly revised 6.2 percent decline in the previous month. Output decreased significantly across all sectors namely energy (-23.1 percent vs -29.0 percent in January), capital goods (-13 percent vs -13.8 percent), intermediate goods (-10.4 percent vs -5.2 percent) and consumer goods (-3.8 percent vs 9.1 percent). On a seasonally adjusted monthly basis, industrial output decreased by 3.7 percent in February, following a downwardly revised 0.4 percent growth in the prior month. source: National Statistics Office, Malta
Industrial Production in Malta averaged -0.15 percent from 2001 until 2021, reaching an all time high of 22.20 percent in September of 2017 and a record low of -23.20 percent in February 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. Malta Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Industrial Production in Malta is expected to be 6.50 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 7.20 in 12 months time. In the long-term, the Malta Industrial Production is projected to trend around 2.00 percent in 2022, according to our econometric models.