Industry in Malta
Malta - IndustryRecent data shows that annual GDP growth jumped from 4.9% in the first quarter to 5.9% in the second quarter. A surge in consumer spending due to a tight labor market and moderate inflation; soaring government consumption; and a sharp rebound in fixed investment were the main drivers of growth, while the external sector restrained the expansion. The economy also appears to have grown solidly in Q3: In July the unemployment rate remained very low, despite inching up; exports rebounded markedly; and both tourist arrivals and expenditure continued to soar. However, industrial production fell, and in the January–July period the fiscal deficit widened in annual terms.
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||1.57||3.09 %||Oct 18|
|Exchange Rate||1.15||0.65 %||Oct 18|
|Stock Market||4,539||0.36 %||Oct 18|
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