Organic farming aims to produce food using natural substances and processes, leading to an agricultural method with limited environmental impact.
In a period marked by the arrival of the Covid-19 pandemic, Malta’s government deficit was among the highest in the EU during the first quarter of 2020, Eurostat figures show.
Eurostat’s publication of the latest available figures on industrial production across the EU was welcomed by the Maltese government, which cited it as proof of the local sector’s resilience.
Malta registered the biggest drop in house prices within the EU during the first three months of 2020, bucking what had been a generally upward trend in the 27-nation bloc.
In June 2020, Euro area annual inflation is expected to be 0.3% up from 0.1% in May.
The proportion of Maltese government debt held by overseas creditors is the lowest in the EU, with Eurostat figures showing that Maltese residents’ willingness to purchase government bonds play an important part.
The seasonally adjusted monthly unemployment rate for March 2020 reached 3.5% which means an increase of 0.1 percentage points from the previous month, that is February. This data was published by the National Statistics Office, NSO.