Malta Economic Outlook
September 27, 2016The latest high-frequency data show that economic activity firmed up at the beginning of Q3, after Malta’s economy decelerated in the second quarter of the year due to slower growth in total consumption and a contraction in fixed investment. In July, tourist arrivals increased robustly in annual terms, the trade deficit narrowed and the number of unemployed decreased further. On 2 September, Moody’s affirmed Malta’s A3 credit rating with a stable outlook, citing the country’s recent structural reforms, decreasing debt levels and banking sector resilience as the factors underpinning its decision.
Malta Economy Data
5 years of Malta economic forecasts for more than 30 economic indicators.
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|Bond Yield||0.50||-3.26 %||Oct 24|
|Exchange Rate||1.09||0.12 %||Oct 24|
|Stock Market||4,542||0.24 %||Oct 24|
Malta Economic Growth
September 27, 2016The economy should continue to grow robustly in 2016, though at a slower rate than last year, on the back of household spending, a strong labor market and government spending. However, Brexit poses downside risks to Malta’s outlook, as the British account for around 30% of all tourist arrivals. Analysts expect the economy to expand 3.9% in 2016, which is down 0.1 percentage points from last month’s forecast, and 3.1% in 2017.