Malta suffers second highest drop in industrial production in EU

person using forklift

In January 2021, the seasonally adjusted industrial production rose by 0.8% in the euro area and by 0.7% in the EU, compared with December 2020, according to estimates from Eurostat, the statistical office of the European Union.

In December 2020, industrial production fell by 0.1% in the euro area and remained stable in the EU. In January 2021 compared with January 2020, industrial production increased by 0.1% in the euro area and by 0.3% in the EU. In the euro area in January 2021, compared with January 2020, production of intermediate goods rose by 1.8%, durable consumer goods by 1.6%, capital goods by 0.9% and energy by 0.4%, while production of non-durable consumer goods fell by 3.9%.

In the EU, production of durable consumer goods rose by 3.0%, intermediate goods by 2.2% and capital goods by 0.9%, while production of energy fell by 0.5% and non-durable consumer goods by 3.2%.

Among Member States for which data are available, the highest increases were registered in Ireland (+27.5%), Lithuania (+11.8%) and Poland (+5.6%). The largest decreases were observed in Portugal (-6.5%), Malta ( 6.2%) and Slovakia (-4.0%).

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