Malta posts 6.3pct rise in GDP over 2015
(MENAFN) Malta, the Southern European island country, logged a 6.3pct jump in its GDP development through the previous year, based on the latest reports.
As last year's investment activity rose by 21.4pct, the Republic's economic progress revealed strong surges in both investment and private consumption.
Additionally, the robust advance in the service segments more than compensated for the marginal deterioration of 0.4 percent in the manufacturing division.
Furthermore, the country's exports of goods and services also disclosed a hike of 2.4 percent, not to mention that private consumption increased by 5.1 percent.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.