Consumer prices in Malta inched up 0.2 percent in June, the same as in the previous month. Main upward pressure was seen in soaring prices of education (19.1 percent vs 15.6 percent in April), mainly on higher private school fees; followed by a steeper increase in cost of food & non-alcoholic beverages (2.1 percent vs 1.5 percent), on account of higher prices of vegetables; recreation & culture (3.5 percent vs 1.5 percent), lifted by cinema tickets. In contrast, prices in restaurants & hotels went up at a slower pace (0.9 percent vs 1.0 percent) and those in transport continued to fall (-0.8 percent vs -0.7 percent). On a monthly basis, consumer prices rose 1.4 percent, quickening from a 1.3 percent gain in May. source: National Statistics Office, Malta

Inflation Rate in Malta averaged 1.77 percent from 2005 until 2021, 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 July of 2021.

Inflation Rate in Malta is expected to be 1.00 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 1.20 in 12 months time. In the long-term, the Malta Inflation Rate is projected to trend around 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 0.20 5.74 -1.08 2005 - 2021 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-16 09:00 AM Mar 0.1% 0.1% 0.8%
2021-05-19 09:00 AM Apr 0.1% 0.1% 0.2%
2021-06-17 09:00 AM May 0.2% 0.1% 0.3%
2021-07-16 09:00 AM Jun 0.2% 0.2% 0.3%
2021-08-18 09:00 AM Jul 0.2%
2021-09-17 09:00 AM Aug
2021-10-08 09:00 AM Sep
2021-11-18 10:00 AM Oct


News Stream
Malta Inflation Rate Unchanged at 0.2%
Consumer prices in Malta inched up 0.2 percent in June, the same as in the previous month. Main upward pressure was seen in soaring prices of education (19.1 percent vs 15.6 percent in April), mainly on higher private school fees; followed by a steeper increase in cost of food & non-alcoholic beverages (2.1 percent vs 1.5 percent), on account of higher prices of vegetables; recreation & culture (3.5 percent vs 1.5 percent), lifted by cinema tickets. In contrast, prices in restaurants & hotels went up at a slower pace (0.9 percent vs 1.0 percent) and those in transport continued to fall (-0.8 percent vs -0.7 percent). On a monthly basis, consumer prices rose 1.4 percent, quickening from a 1.3 percent gain in May.
2021-07-16
Malta Inflation Rate Inches Higher in May
Malta’s annual inflation rate inched higher to 0.2 percent in May, after being unchanged at 0.1 percent for three straight months. Main upward pressure came from steeper increases in prices of education (15.6 percent vs 15.0 percent in April); food & non-alcoholic beverages (1.5 percent vs 0.8 percent); recreation & culture (1.5 percent vs 1.2 percent); and miscellaneous goods & services (1.5 percent vs 0.3 percent). On a monthly basis, consumer prices advanced 1.3 percent, easing from a one-year high of 2.9 percent hit in the prior month.
2021-06-17
Malta Inflation Rate Steady at Over 11-Year Low of 0.1%
The annual inflation rate in Malta was unchanged for a third consecutive month at 0.1% in April of 2021, the lowest since December of 2009. Prices continued to fall for transport (-0.6% vs -0.8% in March) and communication (-0.7% vs -0.6%), while inflation remained steady for food & non-alcoholic beverages (at 0.8%); alcoholic beverages & tobacco (at 0.5%) and furnishings (at 0.2%). On the other hand, costs went up mostly for education (15% vs 2.5%); clothing & footwear (2.5% vs 0.5%) and health (1.7% vs 1.8%). On a monthly basis, consumer prices inched up 2.9%, the most since April of 2020, after increasing 1% in the preceding month.
2021-05-19
Inflation in Malta Steady at 0.1% in March
The annual inflation rate in Malta sticked to 0.1 percent in March of 2021, the same as in the previous month, which remained the lowest reading since December of 2009. Main upward pressure came from prices of food & non-alcoholic beverages (0.8 percent vs 0.0 percent in February), due to higher prices of fruit; health (1.8 percent vs 2.0 percent), on account of higher charges of medical services; and recreation & culture (0.5 percent vs 0.9 percent), mainly due to prices of video games. Downward pressure came mostly from restaurants & hotels (-0.4 percent vs -0.2 percent), reflecting lower charges of accommodation services; transport (-0.8 percent vs -1.1 percent), dragged by lower costs of fuel; and communication (-0.6 percent vs -0.7 percent), due to cheaper prices of phone equipment. On a monthly basis, consumer prices advanced 1.0 percent, following a 0.5 percent gain in February.
2021-04-16

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.