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European Economic News

Malta Industrial Output Rebounds In March

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Industrial production in Malta rebounded strongly in March, the latest data published by the National Statistics Office revealed Thursday.

Production grew 5.9 percent year-on-year in March, recovering from a 2.4 percent drop in February. Production of intermediate goods rose 11.7 percent year-on-year in March and that of capital goods increased 7.8 percent.

On the other hand, production of energy and consumer goods decreased 2.4 percent and 4.4 percent respectively.

On a monthly basis, production in the total industrial sector grew 3.8 percent following a 4.3 percent decrease in February.

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