The annual inflation rate in Malta dropped to 0.2 percent in November of 2020 from 0.6 percent in the previous month, reaching its lowest level since December of 2009. Downward pressure came from prices of clothing & footwear (-5 percent vs -0.7 percent in October); furnishings (-1.6 percent, the same pace as in October), transport (-1.1 percent vs -0.9 percent); communication (-0.9 percent vs -0.1 percent) and restaurant & hotels (-0.4 percent vs 0.4 percent). On a monthly basis, consumer prices declined 3.4 percent, following a 1.3 percent fall in October, amid lower prices for restaurants & hotels (-16.2 percent). source: National Statistics Office, Malta

Inflation Rate in Malta averaged 1.83 percent from 2005 until 2020, reaching an all time high of 5.74 percent in October of 2008 and a record low of -1.08 percent in April of 2007. This page provides the latest reported value for - Malta Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malta Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Inflation Rate in Malta is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Malta to stand at 1.80 in 12 months time. In the long-term, the Malta Inflation Rate is projected to trend around 1.20 percent in 2021 and 1.90 percent in 2022, according to our econometric models.

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Malta Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.60 5.74 -1.08 2005 - 2020 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-09-18 09:00 AM Aug 0.7% 0.7% 0.6%
2020-10-09 09:00 AM Sep 0.5% 0.7% 0.6%
2020-11-18 10:00 AM Oct 0.6% 0.5% 0.4%
2020-12-17 10:00 AM Nov 0.2% 0.6% 0.5%
2021-01-20 10:00 AM Dec 0.2% 0.3%
2021-02-23 10:00 AM Jan
2021-03-18 10:00 AM Feb
2021-04-16 09:00 AM Mar


News Stream
Malta November Inflation Rate Lowest since 2009
The annual inflation rate in Malta dropped to 0.2 percent in November of 2020 from 0.6 percent in the previous month, reaching its lowest level since December of 2009. Downward pressure came from prices of clothing & footwear (-5 percent vs -0.7 percent in October); furnishings (-1.6 percent, the same pace as in October), transport (-1.1 percent vs -0.9 percent); communication (-0.9 percent vs -0.1 percent) and restaurant & hotels (-0.4 percent vs 0.4 percent). On a monthly basis, consumer prices declined 3.4 percent, following a 1.3 percent fall in October, amid lower prices for restaurants & hotels (-16.2 percent).
2020-12-17
Malta Inflation Rate Ticks Up to 0.6% in October
The annual inflation rate in Malta rose marginally to 0.6 percent in October of 2020 from 0.5 percent in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (2.6 percent vs 1.7 percent in September) and education (4.8 percent vs -7.7 percent). On a monthly basis, consumer prices decreased 1.3 percent, the same pace as in September, mainly due to lower costs at restaurants & hotels (-6.4 percent vs -6.1 percent).
2020-11-18
Malta Inflation Rate Lowest in 4 Years
The annual inflation rate in Malta slowed to 0.5 percent in September of 2020 from 0.7 percent in August, reaching the lowest level since October of 2016. The largest downward impact came from prices of education (-7.7 percent) while the biggest impact was seen in cost of food and non-alcoholic beverages (1.7 percent). On a monthly basis, consumer prices went down 1.3 percent, the biggest fall since January, with prices at restaurants and hotels falling the most by 6.1 percent.
2020-10-09
Malta Annual Inflation Rate Steady at 0.7% in August
Malta's annual inflation rate was at 0.7 percent in August 2020, the same as in the previous month. It remained the lowest inflation rate since October 2016, as prices continued to fall for transport (-1.6 percent vs -1.5 percent in July); education (-7.7 percent vs -9.6 percent) and furnishings (-0.8 percent vs -0.9 percent). Also, cost slowed for food & non-alcoholic beverages (2.3 percent vs 2.6 percent); housing & utilities (1.2 percent vs 1.3 percent); clothing & footwear (3.1 percent vs 3.7 percent); and miscellaneous goods & services (2 percent vs 2.2 percent). In addition, inflation was steady for restaurants & hotels (at 1.2 percent) and alcoholic beverages & tobacco (at 0.3 percent). Meanwhile, prices increased further for recreation & culture (0.3 percent vs 0.1 percent). On a monthly basis, consumer prices went up 0.7 percent, after being flat in the prior month.
2020-09-18

Malta Inflation Rate
In Malta, the most important category in the consumer price index is Restaurant and Hotels (17.6 percent of total weight). Food and Non-Alcoholic Beverages accounts for 16.2 percent; Transport for 13.4 percent; Recreation and Culture for 10.5 percent; Housing and Utilities for 8.3 percent and Miscellaneous Goods and Service for 8 percent. Household Goods and Maintenance; Clothing and Footwear; Health; Alcoholic Beverages and Tobacco; Communication and Education account for the remaining 26 percent of total weight.