Tag: industrial productivity
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Maltese manufacturing industry is becoming more efficient but produces and exports less
According to the latest NSO statistics, the efficiency and productivity rate of industrial production increased by 4.5% during the first quarter of this year. The largest increase in productivity was recorded in intermediate goods, which rose by 12.1%, followed by energy at 7.4% and capital goods at 2.2%. Consumer goods, however, declined by 2.4%. The…
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Industrial production increased in Europe: agricultural prices go higher
Latest figures issued by Eurostat show that industrial production has increased by 0.8% in the Euro area and by 0.3% in Europe for the month of January. The rise in productivity exceeded expectations. Malta also experienced a rise in industrial productivity earlier this year. However industrial productivity is only rising after having fallen significantly from…
