The confidence of industrial businesses is decreasing more rapidly in Malta than in the EU

2018-10-31 Malta Economic sentiment indicators

In October the confidence of industrial businesses in Malta decreased significantly compared to the same month last year, down from 5.6 to -8.8.

In the same time, EU countries industrial businesses confidence have decreased considerably, down from 8.1 to 3 on average. This is the lowest recorded level since March 2017.

Malta now displays the lowest confidence of industrial businesses in all of EU, while Sweden has the highest confidence (14.9 points).

The confidence of industrial businesses is decreasing more rapidly in Malta than in the EU

Confidence of industrial businesses in EU countries

The whole country2018 (October)2017 (October)Change
Austria5.68.6-3
Belgium-2.1-1.7-0.4
Bulgaria0.83.9-3.1
Croatia11.810.5+1.3
Cyprus10.47.9+2.5
Czech Republic2.27.4-5.2
Denmark-1.14-5.1
Estonia4.28.5-4.3
Finland8.312.8-4.5
France-23.8-5.8
Germany7.814.6-6.8
Greece-3.4-4.7+1.3
Hungary12.19.2+2.9
IrelandData is missingData is missingData is missing
Italy-0.25.6-5.8
Latvia1.12.7-1.6
Lithuania-1.1-2.3+1.2
Luxembourg-4.6-0.7-3.9
Malta-8.85.6-14.4
Netherlands3.55.2-1.7
Poland-6-6.6+0.6
Portugal-0.94.2-5.1
Romania0.92.6-1.7
Slovakia-0.38.7-9
Slovenia8.612.3-3.7
Spain-1.52.5-4
Sweden14.919-4.1
United Kingdom3.110.5-7.4

About the industrial indicator

This indicator is based on businesses surveyed on production, employment expectations, order-book levels, stocks of finished products and selling price.

For all surveys the difference between positive and negative answers (in percentage points of total answers) are averaged to calculate an indicator.


Notes
The economic sentiment indicator (ESI) is calculated as an index with mean value of 100 and standard deviation of 10 over a fixed standardised sample period.

Get the data
As excel file As csv file

The data has been gathered from Eurostat. Get the original data here.

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