Producer prices in Malta increased 1.2 percent year-on-year in May 2019, the same pace as in the previous month. Producer inflation stood at the lowest level since June 2017, as prices slowed for consumer goods (1.3 percent vs 1.5 percent) and rose at the same pace for capital goods (0.1 percent). Meantime, cost remained flat for energy for the fifteenth month running. In contrast, prices increased faster for intermediate goods (2.1 percent vs 1.8 percent). On a monthly basis, producer prices went up 0.4 percent, after decreasing 0.6 percent in the previous month. Producer Prices Change in Malta averaged -0.45 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 1.60 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 2.00 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.