January 2009

business today

Rise in inflation rate

Although the rise in Malta’s inflation rate to 3.6 per cent as established by Eurostat for July has brought about a chorus of anxious signals from the economic field, a leading economist has gone even further and expressed his concern at the current deficit and debt levels which he says are unsustainable. Speaking to The Malta Independent, Professor Edward Scicluna said that since the test for the adoption of the ... [+]