Malta Sees Third Largest Decline In Industrial Production Across EU

14th September 2016

Malta suffered the third-largest decrease in industrial production among EU member states in July compared to the same month last year, statistics published by Eurostat show.

Malta suffered the third-largest decrease in industrial production among EU member states in July compared to the same month last year, statistics published by Eurostat show.

Comparing data from July 2016 with July 2015, the EU’s statistical office found that the largest decreases were registered in Slovakia (-14.3 per cent), the Czech Republic (-7.6 per cent) and Malta (-3.9 per cent).

The highest increases were registered in Denmark and Slovenia (both +7.4 per cent), Finland (+6.8 per cent) and Ireland (+five per cent).

Industrial production decreased by 0.5 per cent in the euro area and by 0.1 per cent in the EU28.

Seasonally-adjusted industrial production in July compared to the previous month fell by 1.1 per cent in the euro area, and by one per cent in the EU28.

In June, industrial production rose by 0.8 per cent in the euro area and by 0.7 per cent in the EU28.


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Snippet from an article published on Malta Business Weekly

Malta Sees Third Largest Decline In Industrial Production Across EU