The Malta Independent 5 July 2025, Saturday
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Malta registers highest increase in industrial production in European Union

The Malta Business Weekly Thursday, 16 July 2015, 08:01 Last update: about 11 years ago

In May, compared to April, Malta registered the highest increase in industrial production inside the EU.

Eurostat reported that compared annually, Malta registered a growth of 9.5%.

In May compared with April, seasonally adjusted industrial production1 fell by 0.4% in the euro area2 (EA19) and by 0.3% in the EU28.

In April industrial production remained stable in both zones.

In May compared with May 2014, industrial production increased by 1.6% in the euro area and by 2.0% in the EU28.

The decrease of 0.4% in industrial production in the euro area in May, compared with April, is due to production of energy falling by 3.2% and non-durable consumer goods by 1.4%, while intermediate goods increased by 0.1%, durable consumer goods by 0.4% and capital goods by 1.0%.

In the EU28, the decrease of 0.3% is due to production of energy falling by 1.2%, non-durable consumer goods by 0.6% and intermediate goods by 0.2%, while durable consumer goods were stable. Capital goods rose by 0.6%.

The largest decreases in industrial production were registered in Ireland (-6.9%), the Netherlands (-5.7%) and Greece (-5.1%), and the highest increases in Croatia (+2.6%), Lithuania (+1.7%) and Portugal (+1.0%).

The increase of 1.6% in industrial production in the euro area in May 2015, compared with May 2014, is due to production of durable consumer goods rising by 4.8%, capital goods by 4.1% and intermediate goods by 2.2%, while non-durable consumer goods fell by 0.5% and energy by 4.2%.

In the EU28, the increase of 2.0% is due to production of capital goods rising by 4.2%, durable consumer goods by 4.1% and intermediate goods by 2.2%, while non-durable consumer goods fell by 0.4% and energy by 0.9%.

The highest increases in industrial production were registered in Malta (+9.5%), Latvia (+6.5%) and Hungary (+6.2%), and the largest decreases in the Netherlands (-7.4%), Finland (-5.1%) and Ireland (-5.0%).

 

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