The Malta Independent 2 August 2026, Sunday
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Malta suffers largest annual decrease in industrial production in European Union

The Malta Business Weekly Thursday, 13 November 2014, 07:58 Last update: about 13 years ago

Malta saw a 7.4% decrease in industrial production in the EU on an annualised basis, Eurostat said yesterday.

At the same time, industrial production was up both in the euro area and in the EU.

In September 2014 compared with August 2014, seasonally adjusted industrial production1 rose by 0.6% in both the euro area2 (EA18) and the EU28

In August industrial production fell by 1.4% and 1.2% respectively.

In September compared with September 2013, industrial production increased by 0.6% in both the euro area and the EU28.

In September in the EU28, the increase of 0.6% was due to production of capital goods rising by 2.4% and energy by 0.3%, while intermediate goods fell by 0.4%, non-durable consumer goods by 0.9% and durable consumer goods by 1.7%.

The highest increases in industrial production were registered in Croatia (+4.6%), the Czech Republic (+4.5%) and Ireland (+4.1%), and the largest decreases in Denmark (-5.6%), Portugal (-4.1%) and the Netherlands (-2.0%).

The increase of 0.6% in industrial production in the euro area in September, compared with September 2013, is due to production of capital goods and non-durable consumer goods both rising by 2.0%. Intermediate goods remained stable, while energy fell by 2.5% and durable consumer goods by 3.3%.

In the EU28, the increase of 0.6% is due to production of capital goods rising by 2.1%, non-durable consumer goods by 1.2% and intermediate goods by 0.5%, while durable consumer goods fell by 0.7% and energy by 2.2%.

The highest increases in industrial production were registered in Ireland (+22.1%), the Czech Republic (+5.6%) and Hungary (+5.1%), and the largest decreases in Malta (-7.4%), Sweden (-4.1%) and Greece (-3.5%).

 

 

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