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Malta’s FDI flows rebound, yet remain outpaced by ODI flows in...
Malta's FDI flows rebound in 2018, after dropping since 2014. Although ODI flows outpace that of FDI, the FDI stock still stays well above the ODI stock in 2018.
Malta lags behind in renewable energy, R&D spending
Malta is lagging behind the European Union as a whole in terms of renewable energy and research and development expenditure. Malta has also exceeded its 5% growth limit of greenhouse gas (GHG) emissions increasing by 20.3% in non-ETS sectors.
Maltese agricultural sector’s GVA falls 3.5% in 2018
Although the gross value added of Malta’s agricultural sector dropped by 3.5% to €57.3m in 2018, the sector appears to have been quite stagnant in the past five years.
MLA pax numbers keep growing as seating capacity expands
Passenger movements through the Malta International Airport (MLA) grew by 5.6% to 798,453 in July, as compared to the same month a year earlier. This translates to an average of 25,700 passengers travelling through the hub every day. The airport has also recently opened a new seating area, improving seating capacity by 10%.
Malta’s industrial production grows 1.9% in June
The seasonally-adjusted index of industrial production increased by 1.9% in June 2019, compared to the previous month of the same year. The working-day adjusted index of industrial production increased by a y.o.y. 1.7%.
Maltese titles generate €97,000 in local cinemas
Maltese films were viewed by 17,911 people generating a total gross box office of €97,000 through 756 screenings, while foreign productions had 822,020 viewers delivering a box office of €5.4m via 44,255 screenings in 2018. Malta had eight cinemas on offer with a total of 35 screens and a seating capacity of 6,716.
Maltese property prices go up 6.5% in Q1 2019
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.
Quarterly accounts register €16.5m deficit in Q1
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.
Malta’s industrial producer prices up 1.2% in May
Malta’s industrial producer price index went up by 1.2% in May 2019 compared to the same month of 2018.
Malta harvests 16.9% more energy from PV systems in 2018
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.