Industrial production in Malta fell by 3.4% year-on-year in February 2026, reversing an upwardly revised 7.5% increase in January. Manufacturing output contracted by 4.3% (after rising 7.2% in January), accounting for 13% of the overall downturn. The sharpest declines were recorded in the production of computer, electronic and optical products, and motor vehicles (-11.5%), as well as in wood, paper products and printing (-1.4%).
By main industrial groupings, output continued to weaken in capital goods (-11.8% vs -7.7% in January), consumer goods (-3.7% vs -0.7%), and non-durable consumer goods (-3.4% vs -0.9%). Growth also reversed in consumer durable goods, which fell 6.1% after a 0.8% increase in the previous month. Meanwhile, production growth decelerated in energy (11.4% vs 15.6%) and intermediate goods (1.4% vs 22.6%).
On a seasonally adjusted monthly basis, overall industrial activity declined by 6% in February.
