Interest Rate in Malta
Malta - Interest RateThe economy shifted into a lower gear in Q2, with GDP growth cooling to 4.0% from Q1’s 5.4%. A considerable slowdown in domestic demand was behind the deceleration: Fixed investment growth almost stalled, likely hit by Brexit uncertainty and a deteriorating external backdrop, while government consumption slowed sharply. Growth in consumer spending also moderated, but to a lesser extent, supported by low interest rates, a tight labor market and sustained wage growth. Data for Q3 is mixed: The unemployment rate remained at a record-low in July, while both business and consumer confidence recovered some lost ground in July-August. Tourist arrivals, however, continued to slow markedly in July. On the fiscal front, the budget deficit in the first seven months of the year broadly matched 2018’s figure, as notably higher recurrent and capital government spending was matched by soaring tax revenue.
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||0.14||3.09 %||Sep 04|
|Exchange Rate||1.10||0.65 %||Sep 04|
|Stock Market||4,799||0.36 %||Sep 04|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.