Malta’s current account surplus improved by €67.0 million in Q2

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During the second quarter this year, Malta’s current account surplus improved by €67.0 million, from a net surplus of €179.1 million to a net surplus of €246.1 million, The National Statistics Office said today.

This was brought about by a shift in the net primary account as well as by improvements in the net balances of the transport account, the travel account and the other services account of the statement.

The capital account deteriorated by €43.6 million, from a net positive balance of €66.6 million last year to one of €23.0 million during the corresponding quarter this year. The financial account was marked by net inflows of €536.3 million as opposed to net inflows of €203.9 million during the second quarter of 2014.

During the second quarter, the reserve assets registered a decrease of €0.9 million compared to an increase of €160.2 million during the corresponding period last year.

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