In September 2026, the total industrial production index registered an increase of 7.1 % when compared to the corresponding month of 2025.

The monthly Index of Industrial Production (IIP) is a business cycle indicator. It provides an early measure of changes in the volume of industrial output produced by domestic businesses in the manufacturing, energy and quarrying sectors in Malta.

Total Industrial Output – Annual Comparison

In September 2026, the index of industrial production increased by 7.1% when compared to September 2025. When excluding energy, the index went up by 6.7% (Table 1 and Chart 1). 

Manufacturing Output – Annual Comparison By Selected Aggregates

In September 2026, manufacturing output increased by 6.6%. The largest upward change was registered in the production of wood, paper products and printing (27.1 %), followed by computer, electronic and optical products and motor vehicles (23.4 %) and chemical and pharmaceutical products (13.8 per cent). On the other hand, decreases were recorded in the production of rubber, plastic and other non-metallic mineral products (11.4%), other manufacturing (6.8%) and food products and beverages (0.6%) (Chart 2).

Industrial Output – Annual Comparison By Main Industrial Groupings

The Main Industrial Groupings (MIGs) provide an alternative statistical breakdown of economic activities classified according to end-use categories. They combine several NACE divisions, groups and classes together (see methodological table for further information).

In September 2026, increases in production were recorded across all main industrial groupings. The highest increase was registered in energy (16.6%), followed by capital goods (15.9%), intermediate goods (4.3%), and consumer goods (4.1%) (Chart 3).

Seasonally Adjusted Industrial Production – Monthly Comparison

A clearer picture of the economic developments can be obtained when indices are adjusted for seasonal effects. These recurring effects are removed from the index series to enable month-to-month comparisons.

The seasonally adjusted index of industrial production for September 2026 went up by 2.3 per cent when compared to August 2026 and stood at 123.8 index points.