Industry in Malta
Malta - IndustryThe economy continued to accelerate rapidly in Q4 2018, powered by soaring consumer and government spending and despite the contraction in fixed investment. GDP expanded 7.2% annually in Q4, up a tad from Q3’s 7.1%; this brought full-year growth for 2018 to 6.6%, thus virtually matching 2017’s print. As underlined by the IMF in its February’s Article IV consultation, the country again grew at one of the fastest rates in the EU, thanks to surging domestic demand and a buoyant tourism sector. That said, the Fund also recommended upgrading the country’s infrastructure and cutting red tape for start-ups. Heading into 2019, good tourist and unemployment numbers in January suggest last year’s drivers of growth remained in place at the outset of the year.
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||0.91||3.09 %||Apr 12|
|Exchange Rate||1.13||0.65 %||Apr 12|
|Stock Market||4,684||0.36 %||Apr 12|
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