Malta’s annual inflation rate rose to 7.0 percent in August 2022, following a 6.8 percent gain in the previous period. It was the highest inflation rate since records began in 1997, as transport prices rose faster (8.1 percent vs. 6.7 percent in July) while inflation was steady for restaurants and hotels (at 6.1 percent) and housing and utilities (at 9.2 percent). On the other hand, food and non-alcoholic beverages prices eased (11.3 percent vs. 11.8 percent). Monthly, consumer prices edged 1.0 percent higher, accelerating from a 0.9 percent jump in the previous month. source: National Statistics Office, Malta

Inflation Rate in Malta averaged 2.19 percent from 1997 until 2022, reaching an all time high of 7 percent in August of 2022 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 October of 2022.

Inflation Rate in Malta is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malta Inflation Rate is projected to trend around 3.00 percent in 2023 and 2.50 percent in 2024, according to our econometric models.

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Malta Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-08-18 09:00 AM Jul 6.8% 6.1% 6.3%
2022-09-16 09:00 AM Aug 7% 6.8%
2022-10-07 09:00 AM Sep 7% 8%


Related Last Previous Unit Reference
Inflation Rate 7.00 6.80 percent Aug 2022
Inflation Rate MoM 1.00 0.90 percent Aug 2022
Consumer Price Index CPI 118.53 112.13 points Aug 2022
Harmonised Consumer Prices 118.53 117.39 points Aug 2022
GDP Deflator 84.58 87.31 points Jun 2022
Producer Prices 116.59 116.52 points Jul 2022
Producer Prices Change 3.60 5.00 percent Aug 2022
CPI Transportation 114.42 111.55 points Aug 2022
CPI Housing Utilities 117.87 117.52 points Aug 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
7.00 6.80 7.00 -1.08 1997 - 2022 percent Monthly
2015=100, NSA

News Stream
Malta Inflation Rate Hits Fresh Record
Malta’s annual inflation rate rose to 7.0 percent in August 2022, following a 6.8 percent gain in the previous period. It was the highest inflation rate since records began in 1997, as transport prices rose faster (8.1 percent vs. 6.7 percent in July) while inflation was steady for restaurants and hotels (at 6.1 percent) and housing and utilities (at 9.2 percent). On the other hand, food and non-alcoholic beverages prices eased (11.3 percent vs. 11.8 percent). Monthly, consumer prices edged 1.0 percent higher, accelerating from a 0.9 percent jump in the previous month.
2022-09-16
Malta Inflation Rate Rises to Record-High
Malta’s annual inflation rate rose for the 13th straight month to 6.8 percent in July of 2022 from 6.1 percent in June. It was the highest inflation rate since records began in 1997, underpinned by a faster rise in prices for food and non-alcoholic beverages (11.8 percent vs 10.2 percent in June), restaurant and hotels (6.1 percent vs 5.2 percent), transportation (6.7 percent vs 6 percent), and housing and utilities (9.2 percent vs 9 percent). On a monthly basis, consumer prices edged 0.9 percent higher, easing from the 1.7 percent jump in the previous month.
2022-08-18
Malta Inflation Rate at Fresh High
Malta’s annual inflation rate rose for the 12th straight month to 6.1 percent in June of 2022, from 5.8 percent in the prior month. It was the highest inflation rate since records began in 1997, underpinned by steep rises in prices of restaurants and hotels (5.2 percent vs 4.8 percent); transport (6 percent vs 5.6 percent); and housing & utilities (9 percent vs 8.8 percent). Additional upward pressure came from prices of furnishings and household equipment (6.6 percent vs 4.6 percent); and miscellaneous goods and services (3.3 percent vs 3 percent). Meanwhile, inflation remained steady for recreation & culture (at 7.3 percent); while eased for food & non-alcoholic beverages (10.2 percent vs 10.4 percent); and clothing and footwear (2.6 percent vs 3 percent). On a monthly basis, consumer prices went up by 1.7 percent, same as that in the previous month.
2022-07-19