FX.co ★ Malta Industrial Output Growth Accelerates in February

In February 2025, Malta experienced a 5.7% increase in industrial production compared to the same month in the previous year. This growth marked an acceleration from a 3.2% rise in January, which had been revised downward. Notably, there was a recovery in the output of consumer durable goods, which surged by 14.6%, rebounding from a 10.2% decline in January. Intermediate goods also saw a recovery, increasing by 1.3% versus a previous drop of 14.5%. The manufacturing sector showed a significant boost, with output growing by 6.6% compared to 3.7% in January. However, there was a noticeable deceleration in the production of capital goods, which increased by 10.4% compared to 22.6% previously. Similarly, consumer goods growth slowed to 4.6% from 11.2%, and consumer non-durable goods rose by 3.3%, down from 13.7%. Conversely, the decline in energy production accelerated, dropping by 6.2%, compared to a previous 4.9% decline. On a seasonally adjusted basis, industrial activity rose by 3.8% in February 2025, recovering from a significant 12.7% decline the previous month.