Tag: consumption
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Retail trade goes down by 1.9% in Malta in August despite record tourist arrivals
Malta’s retail trade declined by 1.9% in August compared with the previous month, according to Eurostat figures , despite the country recording another record month for tourist arrivals. Eurostat said Malta recorded the largest monthly decline in retail trade among the EU member states for which data was available after Luxembourg, with Latvia registering a…
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Industrial turnover rises by 3.2% as wage costs increase twice as fast
According to the latest figures published by the National Statistics Office, Malta’s working-day adjusted industrial turnover increased by 3.2% in the second quarter of 2026 compared with the same quarter last year. However, labour costs increased at more than twice the rate of turnover. Gross wages and salaries in industry rose by 6.7% year-on-year, while…
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Income in the EU increases but not as fast as expenses
According to official data published by Eurostat, household income and consumption across 2025 showed modest but steady growth when viewed over the full year. In the euro area, household real income per capita increased by a cumulative 0.6% over the year, while household real consumption per capita rose by 1.2%. Across the wider European Union,…