Tag: services
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Malta’s services industries are making higher turnovers on a long-term basis
According to the latest NSO’s data, Malta’s services economy continued expanding during the first quarter of 2026 with turnover, employment and wages all registering increases, while the services sector’s productivity and efficiency indicators continued to strengthen despite growing structural pressures on infrastructure and labour. Recent data issued by the NSO also shows that efficiency by…
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Malta records a €3 billion deficit in goods and €8 billion of surplus in services for 2025
According to the latest statistics of Malta’s national current accounts by the NSO, Malta has recorded a total surplus of €7.91 billion in services for 2025 and a total deficit of €3 billion in goods. The combined surplus total is of €4.87 billion. The goods deficit has narrowed in 2025 compared to the previous year…
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The EU does €1.44 trillion of service exports in 2023
According to latest statistics by Eurostat, the EU did a total of €1.44 billion in services exports in 2023. 53.5% of these exports come from large companies with 250 employees or more. Medium-sized enterprisers between 50 and 250 employees contributed 10% of the share of services exports and small enterprises of up to 49 employees…
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Food prices drive inflation in June 2025 as utility costs remain flat – NSO
Malta’s annual inflation in June 2025 as measured by the Retail Price Index was chiefly driven by rising food prices, according to the latest data from the National Statistics Office (NSO). The Food Index recorded a 4.5% increase, making it the largest contributor to headline inflation, followed by the Other goods and services category, which…
