Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/32844| Title: | Economic update 1/2017 |
| Keywords: | Macroeconomics -- Malta Monetary policy -- Malta Statistics -- Economic development -- Malta Labor market -- Malta Finance -- Malta -- Periodicals |
| Issue Date: | 2017-01-13 |
| Publisher: | Central Bank of Malta |
| Citation: | Central Bank of Malta. (2017). Economic Update 1/2017. |
| Abstract: | Business conditions remained favourable, with the Bank’s Business Conditions Index (BCI) signalling above normal activity levels in December. Economic sentiment rose marginally during the month. Retail sales and tourism activity were higher in annual terms, but industrial production declined in November. Labour market conditions remained favourable, with the registered unemployment falling further during the month. Price pressures remained moderate, with the annual rate of inflation based on the Harmonised Index of Consumer Prices (HICP) at 0.8%. Maltese residents’ deposits rose at a faster rate in November, while the annual rate of growth of credit to residents eased to 2.0%. As regards fiscal developments, the deficit on the cashbased Consolidated Fund narrowed in the first eleven months of the year, mainly due to higher tax revenue. |
| URI: | https://www.um.edu.mt/library/oar//handle/123456789/32844 |
| ISSN: | 24108294 |
| Appears in Collections: | 2017 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Economic_Update_1_2017.pdf | 621.76 kB | Adobe PDF | View/Open |
Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.