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In November 2022, the seasonally adjusted index of industrial production increased by 4.3 per cent over the previous month. When compared to November 2021, the working-day adjusted index of industrial production increased by 15.0 per cent.

Index of Industrial Production: November 2022

Monthly comparison
After adjusting for seasonal effects and the working-day pattern, the index of industrial production increased by 4.3 per cent between October and November 2022. The highest increase was recorded in energy (28.6 per cent), followed by consumer goods (3.2 per cent) and intermediate goods (0.3 per cent). On the other hand, a decrease was registered in the capital goods (2.1 per cent) (Table 2).

Annual comparison
In November 2022, the total production generated by the Maltese manufacturing, energy and quarrying industries rose by 15.0 per cent when compared to November 2021. Increases were registered in all the main industrial groupings, namely consumer goods (22.3 per cent), energy (21.3 per cent), capital goods (9.5 per cent) and intermediate goods (2.9 per cent) (Table 4).

ARTICLE WRITTEN BY NSO

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