Interest Rate in Malta

Malta Interest Rate | Economic News & Forecasts

Malta - Interest Rate

Momentum 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

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Policy Interest Rate (%)-     -     -     -     -     

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Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

Malta Facts

Bond Yield0.433.09 %Jul 31
Exchange Rate1.110.65 %Jul 31
Stock Market4,8470.36 %Jul 31

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