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(vii) Economic analysis and research


In order to fulfil its national and international obligations, the Central Bank of Malta compiles and publishes a wide variety of economic, financial and monetary statistics. The Bank also collects certain statistical information directly from the competent national authorities. These statistics are essential for good economic governance and are used for economic analysis and research within the Bank and in the Eurosystem.

The Bank conducts economic analysis and research to support the Governor’s participation in the Governing Council of the ECB. The Central Bank of Malta publishes its analysis in two main publications, namely, the Quarterly Review and the Annual Report. The Quarterly Review contains commentaries on economic and financial developments in Malta and abroad, occasional articles on economic and monetary matters, and economic and financial statistics. The Review also reproduces public statements by the Governor. On the other hand, the Annual Report contains an analysis of local and international economic and financial developments during the previous year. It also reports on the Bank's operations during the previous year and includes its annual financial statements.

In addition, the Bank issues a monthly Release of Monetary Statistics. As from the reference month of January 2008, this focuses on the Maltese contribution to the euro area monetary aggregates and counterparts.

The Central Bank of Malta prepares forecasts of the main macroeconomic variables for the Maltese economy by means of its econometric model and other tools. These forecasts are also used in the forecasting exercises carried out by the Eurosystem.


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