Tag: nso

Social security benefits outlay was up by 3% (€15m) to €512m during the first six months of 2019, compared to 2018. A €15.2m rise in contributory benefits spending was the catalyst for the increase, partially offset by a €0.2m drop in non-contributory expenditure.

Malta’s Industrial Producer Price Index grew by 1.5% in June 2019, compared to the same month of 2018. The index registered an increase of 0.54% over May.

Malta’s total cruise passenger traffic soared high by 44.2% reaching 263,608 in the second quarter of 2019, as compared to the corresponding period in 2018. In the first half it went up by a joint 35.3%.

The annual rate of inflation as measured by the Retail Price Index (RPI) in Malta increased to 1.9% in June, up from 1.87% in May. In addition, the twelve-month moving average rate for June stood at a 1.62% rate, as the NSO figures show.

The property price index (PPI) developed by 6.5% during the Q1 2019 when compared to the Q1 2018. PPI registered a rise of 5.3% in Q1 2018, when compared to the same quarter of 2017.

A deficit of €16.5m in quarterly accounts has been recorded by the general government in Q1 2019. During the period, total revenue stood at €1.1308b, an increase of €89.3m when compared to the corresponding quarter of 2018.

The working-day adjusted index of industrial production drops by 4.9% in May 2019, compared to the same month of the previous year. The index goes up 1.3% as compared to the preceding month, though.

Malta’s industrial producer price index went up by 1.2% in May 2019 compared to the same month of 2018.

Malta’s current account surplus falls to €48.9m during the first quarter of 2019 from a surplus of €296.3m in Q1 2018, according to provisional figures by the National Statistics Office (NSO).

Renewable energy harvested from grid-connected Photo Voltaic (PV) systems was up by 16.9% to an estimated at 189.6 Gigawatt hours (GWh) in 2018, as compared to the preceding year.