Malta: Business conditions decline to 2009 recession levels, Central Bank of Malta study shows

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Business conditions in April were comparable to those during the economic recession of 2009, the Central Bank of Malta has said.

The Central Bank’s May economic update indicates that, in April, the Business Conditions Index declined when compared to March.

This suggests notably weaker levels of economic activity compared to the long-term average, the Central Bank said in a press statement on Friday.

Source: MaltaToday

Updated 15:50

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