Summary:
Mixed economic performance in Monaco for the first half of the year: turnover falls, employment grows in the accommodation and catering sectors.
Full Story:
Monaco’s economy experienced a mixed performance in the first half of the year, with a 7.4 percent decrease in turnover. However, employment in the accommodation and catering sectors continued to grow, surpassing 10,000 jobs. This information comes from the latest quarterly report by Monaco’s Institute of Statistics and Economic Studies (IMSEE). Despite the decrease in turnover, the growth in employment is a positive sign for the country’s economy. With these findings, it is clear that there are ups and downs in Monaco’s economic performance. The report does not provide details on the reasons behind the decrease in turnover. Nevertheless, the growth in employment suggests that the accommodation and catering sectors remain resilient. Overall, the economic outlook for Monaco is a mixture of challenges and opportunities, and continued monitoring of these trends will be essential to understanding the country’s economic development.
Source:
news.mc
