Malta’s annual inflation rate accelerated for the 10th straight month to 5.4% in April of 2022, from 4.5% in the prior month. It was the highest inflation rate since October of 2008, mainly due to steep rises in prices of food & non-alcoholic beverages (9% vs 8.7% in March) and housing & utilities (8.6% vs 6%). Additional upward pressure came from recreation & culture (7% vs 5.5%); restaurants & hotels (5% vs 4.5%) and transportation (4.7% vs 3.7%). On a monthly basis, consumer prices surged 3.7%, the most since April of 2006, after a 1.3% increase in the previous month. source: National Statistics Office, Malta

Inflation Rate in Malta averaged 1.81 percent from 2005 until 2022, 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 May of 2022.

Inflation Rate in Malta is expected to be 6.00 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
2022-04-21 09:00 AM Mar 4.5% 4.2% 4.6%
2022-05-19 09:00 AM Apr 5.4% 4.5% 7%
2022-06-17 09:00 AM May 5.4%


Related Last Previous Unit Reference
Inflation Rate 5.40 4.50 percent Apr 2022
Inflation Rate Mom 3.70 1.30 percent Apr 2022
Harmonised Consumer Prices 108.46 107.08 points Mar 2022
Consumer Price Index CPI 108.25 107.32 points Mar 2022
GDP Deflator 88.52 89.55 points Sep 2021
Producer Prices 117.27 116.89 points Feb 2022
Producer Prices Change 6.61 7.69 percent Mar 2022
CPI Transportation 105.68 105.39 points Mar 2022
CPI Housing Utilities 113.20 113.05 points Mar 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
5.40 4.50 5.74 -1.08 2005 - 2022 percent Monthly
2015=100, NSA

News Stream
Malta Inflation Rate Quickens for 10 Month
Malta’s annual inflation rate accelerated for the 10th straight month to 5.4% in April of 2022, from 4.5% in the prior month. It was the highest inflation rate since October of 2008, mainly due to steep rises in prices of food & non-alcoholic beverages (9% vs 8.7% in March) and housing & utilities (8.6% vs 6%). Additional upward pressure came from recreation & culture (7% vs 5.5%); restaurants & hotels (5% vs 4.5%) and transportation (4.7% vs 3.7%). On a monthly basis, consumer prices surged 3.7%, the most since April of 2006, after a 1.3% increase in the previous month.
2022-05-19
Malta Inflation Rate Highest since 2008
Malta’s annual inflation rate quickened to 4.5% in March of 2022, the highest since December of 2008, from 4.2% in the prior month. Upward pressure came mostly from prices of food & non-alcoholic beverages (8.7% vs 8.4% in February); housing & utilities (6% vs 5.2%); recreation & culture (5.5% vs 4.7%); restaurants & hotels (4.5% vs 4.4%); furnishings (4.3% vs 3.5%) and transportation (3.7% vs 3.6%). On a monthly basis, the CPI advanced 1.3%, the biggest increase in nine months.
2022-04-21
Malta Inflation Rate at Near 10-Year High
Malta’s annual inflation rate inched up to 4.2 percent in February of 2022, the highest since June of 2012, from 4.1 percent in the previous month. Main upward pressure came from prices of food and non-alcoholic beverages (8.4 percent vs 6.9 percent in January) largely due to higher prices of vegetables; housing & utilities (5.2 percent, the same as in January); transport (3.6 percent, the same as in January); and furnishing and household maintenance (3.5 percent vs 2.9 percent). Meanwhile, inflationary pressures calmed for prices of recreation and culture (4.7 percent vs 5.5 percent); restaurants and hotels (4.4 percent vs 4.6 percent); and clothing and footwear (2.4 percent vs 3.5 percent). On a monthly basis, the CPI advanced 0.7 percent after being steady for two consecutive months.
2022-03-18