Publications & Research

Quarterly Review 2025:4

 Press Release QR Press Release
 Full Report Full Report
 Foreword Foreword

 Chapter 1 - The External Environment and the Euro Area

Key advanced economies
The euro area
Commodities

 Box 1: ECB monetary policy strategy review 2025

Chapter 1 - The External Environment and the Euro Area

 Chapter 2 - Output and Employment

Potential output, BCI and EPU indices
GDP and industrial production
Business and consumer surveys
The labour market

 Box 2: The interplay of reforms and foreign labour inflows in driving labour supply growth in Malta

Chapter 2 - Output and Employment

 Chapter 3 - Prices, Costs and Competitiveness

Inflation
The housing market
Cost indices

Chapter 3 - Prices, Costs and Competitiveness

 Chapter 4 - The Balance of Payments

The current account
Tourism
The capital account


Chapter 4 - The Balance of Payments

 Chapter 5 - Government Finance

Quarterly developments
Headline and cyclically-adjusted developments

Chapter 5 - Government Finance

 Chapter 6 - Monetary and Financial Developments

Monetary and financial conditions
The money market
The capital market

 Box 3: An analysis of credit transfers in Malta - 2024

Chapter 6 - Monetary and Financial Developments

 EU trade relations with the United States

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