Industrial production in Malta fell 2.5 percent year-on-year in August of 2020, the fifth straight month of declines, due to the coronavirus crisis. Decreases were registered in the output for intermediate goods (-5.4 percent), energy (-3.5 percent) and consumer goods (-2.2 percent). In contrast, the production of capital goods increased by 0.5 percent. On a monthly basis, industrial output went up 2.1 percent, the third straight month of rising production.
Industrial Production in Malta averaged -0.05 percent from 2001 until 2020, reaching an all time high of 22.20 percent in September of 2017 and a record low of -23.20 percent in February of 2009. This page provides the latest reported value for - Malta Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malta Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Industrial Production in Malta is expected to be -6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Malta to stand at 6.50 in 12 months time. In the long-term, the Malta Industrial Production is projected to trend around 7.20 percent in 2021 and 2.00 percent in 2022, according to our econometric models.