Sticky inflation is defined as the speed with which inflation returns to its long-term average, following a shock

The Group retained low and competitive prices for core products to increase footfall at its two supermarkets

While it has become difficult to obtain access to the Malta Government T-Bill market, there are alternative avenues for investors

Portfolio manager Josef Luke Azzopardi provides a robust round up for July as well as the first half of 2023

While the company's financial performance has been positive over the past months, the share price has failed to respond accordingly

'The rising interest rate environment across the eurozone translated into elevated profits for the banking sector'

In Malta, companies are obliged to report on semi-annually, while some the large companies also provide quarterly info

The 10, 5, 3 rule which gives a rough indication of the average rate of return across different asset classes

Malta’s public sector employed over 51,000 full-time people by the end of 2022

A strong financial performance enabled the company to increase dividend distribution as well as to repay bank borrowings

Yields on longer-term bonds in the EU have not increased the same way TBills have following ECB interest rate hikes

Despite COVID, the Maltese labour market remained resilient and household income was largely safeguarded

Government held its majority stake in the company until 2006 when it sold its 60% shareholding to Emirates International Telecommunications

Measures to address rising debt need to be taken in the interest of the entire Maltese population

Apart from rising costs, inflation could be also driven by other factors, such as profit mark-up adjustments