Malta - Quarterly Review

A slump in Maltese exports in the first quarter of 2008 had a negative impact on growth, the latest Quarterly Review from the Central Bank of Malta, published in August, states.

GDP expanded by 3.5% year-on-year, mainly due to domestic consumption demand and inventory accumulation, but the central bank projects a slowdown in GDP growth due to an expected weakening of domestic demand.

However, labour figures are encouraging, the central bank pointed out, with employment growth remaining strong and

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