Malta registers one of lowest decreases in industrial production in Europe in April

12th June 2020

Hungary, Romania and Slovakia recorded the largest decreases across the bloc

In the month of April, Malta registered a decrease of just 3.8 per cent in industrial production – one of the lowest decreases across the European Union, according to Eurostat, the statistical office of the European Union.

In the month of April, Malta registered a decrease of 3.8 per cent in industrial production – one of the lowest decreases across the European Union, according to EurosIn contrast, Hungary, Romania and Slovakia recorded decreases of 30.5 per cent, 27.7 per cent and 26.7 per cent respectively, with the EU average standing at -17.3 per cent, and -17.1 per cent for the entire Euro zone.tat, the statistical office of the European Union.

Moreover, across the Euro area, and compared with March 2020, the production of durable consumer goods fell by 28.9%, capital goods by 26.6%, intermediate goods by 15.6%, non-durable consumer goods by 11.9% and energy by 4.8%.

In the EU, the production of durable consumer goods fell by 27.8%, capital goods by 27.3%, intermediate goods by 14.9%, non-durable consumer goods by 10.7% and energy by 5.0%.

However, when compared to the figures for 2019, this year’s statistics are grim reading. Indeed, among Member States for which data is available, the largest drops in industrial production in 2020 – contrasted with last year – were recorded in Luxembourg (-43.9%), Italy (-42.5%) and Slovakia (-42.0%). The only increase was registered in Ireland (+5.5%).