European Economic News

Malta Industrial Output Rebounds In March

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.

by RTTNews Staff Writer

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