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Financial News: Malta Industrial Production Falls For Fourth Month

Malta Industrial Production Falls For Fourth Month

07/05/2019 - 07:12:00 (RTTNews)

(RTTNews) - Malta's industrial production fell for the fourth month in a row in May, figures from the National Statistics Office showed on Friday.

Industrial production declined 4.9 percent year-on-year in May, following a 1.8 percent in April.

Among the main industrial groups, production of non-durable consumer goods declined 11.3 percent annually in May and that of consumer goods fell by 10.9 percent.

On a monthly basis, industrial production rose 1.3 percent in May, after a 0.6 percent fall in the preceding month.

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