Malta Industrial Output Slows to 3-Month Low

Malta’s industrial production rose by 4.0% year-on-year in July 2025, easing from an upwardly revised 6.4% in the previous month. Output slowed for intermediate goods (5.7% vs 6.4% in June). At the same time, production declined for consumer non-durable goods (-1.5% vs 1.0%). In contrast, output grew for capital goods (16.5% vs 15.9%), energy (5.0% vs 3.6%), and consumer goods (0.8% vs 0.5%), while it rebounded sharpy for consumer durable goods (25.5% vs -1.6%). On a seasonally adjusted monthly basis, industrial activity fell by 4.7% in July, reversing an upwardly revised 1.9% gain in the preceding period.