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Turnover in industry (sts_ind_tovt)

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: [MT1] National Statistics Office (NSO) (Malta)

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For short-term business statistics, the index of industrial turnover describes the development of sales in the industrial sector. It is a monthly value indicator which is influenced by changes in prices and volumes of the traded industrial goods.

19 June 2026

The main indicator is industrial turnover. It comprises the totals invoiced by the observation unit during the reference period and this corresponds to market sales of goods supplied to third parties.  Turnover also includes all other charges (transport, packaging, etc.) passed on to the customer, even if these charges are listed separately in the invoice.

Turnover excludes VAT.

Kind of Activity Unit (KAU)

The statistical population is around 2000 units and includes all those falling under NACE Divisions 8 - 36. The population is maintained by the Business Registers unit.

The indicator covers the national territory of the Maltese Islands.

The data are collected and provided on a monthly basis.

The overall accuracy of this indicator is considered to be of very good quality. 

Sampling error is negligible, non-sampling error is small and the first estimates are not biased.

The data are provided in index form.

Non-response is treated by micro-estimation to ensure a full response for all surveyed units. 

A Laspeyres type index is used for compilation and the weights are updated every 5 years from the Structural Business Statistics survey.

The current file type that is used to send data to Eurostat is the SDMX-ML version.

Data on industrial turnover are based on a sample survey of around 200 units which is refreshed every 5 years.

Turnover and employment are the main variables used to stratify the sample into three size classes. A cut-off sample is also used whenever it is deemed possible and reliable.

Eurostat transmissions for the index of industrial turnover are carried out on a monthly basis and 60 days after the end of the reference period. National news releases for the index are carried out on a quarterly basis and according to the national news release calendar.

The index of industrial turnover is disseminated 60 days after the reference period.

To ensure geographical comparability across member states the index is compiled according to the STS Regulations and STS Methodological Guidelines. Minor methodological deviations may exist due to specific conditions that apply to each member state.

The data series has been compiled since the year 2000. The first set of indicators was based on NACE Rev 1. Following 2009, the indicator was published according to the new NACE Rev 2 classification. Furthermore, for every year ending in 0 or 5, new fixed aggregation weights are introduced.

There is no break in series in the data.