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2025.08.2809:20:23UTC+00Malta Q2 GDP Growth Weakest Since 2020

Malta's economy grew by 2.7% year-on-year in the second quarter of 2025, showing a slowdown from the 3.0% growth noted in the previous quarter. This represents the most modest expansion rate since the economic downturn of the fourth quarter of 2020. The main contributors to this deceleration were significant slowdowns in household consumption, which dropped to 2.2% from 5.1%, and government spending, which decreased to 2.2% from 9.8%. Conversely, gross capital formation saw considerable acceleration, climbing to 3.5% from 0.8% in the prior quarter. Regarding external trade dynamics, the import of goods and services rose sharply by 7.8% compared to 3.4% previously, while exports gained momentum as well, increasing by 7.1% compared to the earlier 3.2% rise.

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