Fiscal Balance in Malta
Malta - Fiscal BalanceGDP growth was buoyant in the third quarter, accelerating 7.5% from the second quarter’s 6.2% annual expansion. Soaring consumer spending on the back of an extremely tight labor market and surging inflows of tourists, coupled with an improved performance by the external sector, drove the pick-up. A dip in the unemployment rate, another month of rising tourist inflows in October and upbeat consumer confidence in October-November all suggest growth remains resilient in Q4. In less positive news, the fiscal budget swung to a small deficit from a surplus in annual terms in the January–October period, due to rapid growth in expenditure.
Malta - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-2.4||-1.8||-1.1||1.0||3.9|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||1.22||3.09 %||Jan 16|
|Exchange Rate||1.14||0.65 %||Jan 16|
|Stock Market||4,355||0.36 %||Jan 16|
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