Gouvernement Princier de Monaco

Economy Bulletin 2nd quarter 2017

Couverture BTE 2T 2017

The Bulletin of the Economy for the 2nd quarter of 2017, on data collected since 1 January, is available online.

Total trade volume decreased by -71.4 M € (-6.6%).  The more marked decline in imports (-44 M €) than exports (-27 M €) reduced the deficit in the trade balance.

As in the first quarter, the Principality's turnover, excluding Financial and Insurance activities, was up (+ 6.7%) compared to 2016, thanks to good results from Wholesale Trade and Construction.

The number of jobs is increasing.  Additional jobs were created in all sectors of activity, with the exception of Retail Trade (-21 jobs).  The number of employers and the number of hours worked is increasing.

For further information, download Bulletin of the Economy for the 2nd quarter of 2017

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http://www.monacostatistics.mc/News/Economy-Bulletin-2nd-quarter-2017