Producer prices in Malta rose 1.5 percent year-on-year in June 2019, following an upwardly revised 1.4 percent gain in the previous month. Cost eased for consumer (1.3 percent compared to 1.4 percent in May) and capital goods (1.3 percent compared to 1.4 percent). On the other hand, prices of intermediate goods went up further (2.4 percent compared to 2.1 percent) while cost of energy remained flat. On a monthly basis, producer prices increased 0.5 percent, after rising 0.4 percent in the prior month. Producer Prices Change in Malta averaged -0.44 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.
Producer Prices Change in Malta is expected to be 2.10 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.