Interest Rate in Malta
Malta - Interest RateMomentum likely moderated further in the second quarter, after cooling consumer spending caused the economy to decelerate in the first quarter. Data for April-May shows growth in tourist arrivals is gradually tapering off. Moreover, a sharper fall in industrial production in the same period and weaker business confidence in Q2 both point to downbeat investment activity. That said, data from consumer spending was more positive: In April-May, the unemployment rate was stuck at record lows, while growth in bank lending was extremely robust and consumer confidence revived in the quarter. Meanwhile, in mid-July, Moody's upgraded Malta's ratings to A2, while Fitch Ratings upgraded its outlook from stable to positive, citing the country’s impressive growth rate and solid fiscal position.
Malta - Interest Rate Data
|Policy Interest Rate (%)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
Malta Interest Rate Chart
Source: European Central Bank.
|Bond Yield||0.43||3.09 %||Jul 31|
|Exchange Rate||1.11||0.65 %||Jul 31|
|Stock Market||4,847||0.36 %||Jul 31|
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