Despite recorded increases in the production of consumer goods and capital goods of 4% and 1.9%, respectively; significant drops have been registered in the production of energy (6.6%) and intermediate goods (1.7%).

The index of industrial production adjusted for working days decreased by 1.5%, as compared to the same month a year earlier. Drops were registered in the production of energy (6.6%), production of intermediate goods (3.4%) and the production of consumer goods (0.8%), while the production of capital goods was up by 3.0%, according to NSO figures.

The full report including charts and visual representation of data is available for download at the website of NSO.

The post Malta’s industrial output drops 1.7% in February first appeared on The Malta Business Weekly.

Year-on-year growth occurred in the production of energy (39.1%) and capital goods (4.5%), while the production of consumer goods and intermediate goods dropped by 5.7%and 5.2%, respectively, according to data by NSO.

As compared to December 2018, growth was seen in the production of energy (4.0%), intermediate goods (2.4%) and capital goods (0.6%), while the output of consumer goods dropped by 3.9 per cent, the NSO report shows.

The full report including charts and visual representation of data is available for download at the website of NSO.

The post Malta’s industrial output grows y.o.y. 2.8% in January first appeared on The Malta Business Weekly.

The entrepreneurs are engaged in diverse local trades including woodworks, aluminium works, upholstery, wrought iron, as well as marble and granite, the press statement says.

“The project at Tal-Hofra, which is co-financed through the ERDF, will see the construction of 15 units with different sizes. Between them, the enterprises at the workshop complex are forecast to employ a total of 30 full-time employees by the end of 2023,” according to Malta Enterprise.

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