Industry in Malta
Malta - IndustryAvailable indicators suggest momentum carried over into the third quarter, following an acceleration in growth in the second quarter fueled by upbeat consumer spending. Private consumption likely remained in the driver’s seat in Q3, thanks to surging tourist arrivals and further tightening of the labor market. On a less positive note, the fiscal surplus in the January–September period shrunk notably in annual terms, due to a sizable increase in spending. Moreover, in early November the European Commission ramped up a disciplinary procedure against the country and the European Central Bank withdrew the banking license of Pilatus Bank, over allegations of money laundering and fraud charges.
Malta - Industry Data
|Industrial Production (annual variation in %)||-4.7||-5.7||6.0||-4.4||3.9|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||1.49||3.09 %||Nov 29|
|Exchange Rate||1.14||0.65 %||Nov 29|
|Stock Market||4,488||0.36 %||Nov 29|
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