Manufacturing sales up
2.4 per cent
Over this years third quarter, Maltas manufacturing
sector saw their sales increase by 2.4 per cent over the same quarter
in 2002. Sales by manufacturing enterprises sampled the National Statistics
Office amounted to Lm263.4 million, an increase of Lm6.1 million over
The printing and publishing sector saw the best increase in performance,
with sales climbing by 30 per cent over the period in question
amounting to a total of Lm13.3 million.
The Radio, TV & Telecommunications manufacturing sub-sector enhanced
its sales performance by Lm15.8 million or 14.7 per cent to Lm122.9
million from Lm107.1 million in the previous year.
In the period under review, sales by the Other Transport Equipment and
the Food & Beverages sub-sectors increased by Lm2.4 million and
nearly Lm1 million respectively.
On the other hand, sales by the Clothes sub-sector were down by Lm6
million, or a whopping 34.9 per cent, to Lm11.3 million from Lm17.3
million last year.
At the same time, drops in sales were also registered by the Furniture
& Manufacture NEC, the Textiles, the Leather, the Plastic &
Rubber Products, the Fabricated Metal Products and the Electrical Machinery
During the July-September quarter, employment in the enterprises sampled
decreased by a net of 1,273 to 20,621 when compared to the third quarter
of last year. Most of the drop was recorded in the Clothes (814 employees),
the Leather (223 employees) and the Plastic and Rubber Products (213
The Radio, TV & Telecommunications sub-sector increased its workforce
by 79 employees. Other sub-sectors which registered an increase in employment
were the Other Transport Equipment (57 employees) and the Printing and
Publishing sub-sectors (55 employees).
In the period under review, an amount of around Lm30.4 million was paid
out in wages and salaries by the sampled enterprises.
In the quarter under review, investment in manufacturing declined by
a net of Lm1.5 million to Lm10.9 million compared to Lm12.4 million
last year. However, investment in the January-September 2003 period
is on the same level when compared with that of the same period last