Household finance and consumption survey in Malta : main results of 2010 exercise

Abstract

In 2010, the Central Bank of Malta (CBM) carried out a survey to assess households’ wealth, financing and consumption in Malta, as part of a co-ordinated research exercise led by the European Central Bank (ECB) and involving the national central banks (NCBs) of the Eurosystem and three national statistical institutes. The survey, the first one to be carried out in Malta, followed a homogenous methodology which was employed across euro area countries, thus enabling crosscountry comparisons. To undertake this exercise the ECB established a Household Finance and Consumption Network (HFCN), which was composed of a network of experts, from all euro area NCBs that were given the task of developing a fully-fledged Household Finance and Consumption Survey (HFCS). This entailed the designing of the questionnaire and the preparation of the modalities for implementing it.