The Malta Independent 12 May 2024, Sunday
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Malta suffers third largest decrease in industrial production in EU in November

The Malta Business Weekly Thursday, 15 January 2015, 09:45 Last update: about 10 years ago

From a 7.2% increase in June, followed by a 5.14% decrease in July, Malta registered a 1.4% decrease in industrial production in November, Eurostat said yesterday.

This makes Malta the country with the third largest decrease during the month, following Lithuania (-2.0%), and Latvia (-1.7%).

In November compared with October, seasonally adjusted industrial production1 rose by 0.2% in both

the euro area and the EU28 In October 2014 industrial production grew by 0.3% in the both zones.

The highest increases in industrial production were registered in Ireland (+4.6%), Hungary (+3.3%) and Croatia (+2.7%).

 

On an annual basis, the largest decreases in industrial production were registered in Sweden (-3.9%), the Netherlands (-3.5%),Slovakia (-3.3%) and France (-2.9%), and the highest increases in Ireland (+35.8%), Hungary (+5.8%), Estonia (+4.9%) and the Czech Republic (+4.7%).

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