Malta's producer prices increased 1.4 percent from a year earlier in November 2019, easing from a 2.2 percent advance in the previous month, as costs rose at a slower pace for intermediate (2.3 percent vs 4.3 percent in October) and consumer goods (0.8 percent vs 0.9 percent). Meanwhile, energy prices were flat while capital goods inflation was unchanged at 1.8 percent. Industrial producer prices for the domestic market increased 0.8 percent (vs 0.9 percent in October) and non-domestic prices rose 1.8 percent (vs 3.1 percent in October). On a monthly basis, producer prices dropped 0.2 percent. Producer Prices Change in Malta averaged -0.37 percent from 2001 until 2019, reaching an all time high of 9.50 percent in October of 2006 and a record low of -9.70 percent in October of 2007. source: National Statistics Office, Malta
Producer Prices Change in Malta is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Malta to stand at 1.90 in 12 months time. In the long-term, the Malta Producer Prices Change is projected to trend around 2.00 percent in 2020, according to our econometric models.