Malta’s annual inflation rate rose to 0.7 percent in September of 2021 from 0.4 percent in the previous month. It was the highest reading since the same rate in August of 2020, as prices accelerated for food and non-alcoholic beverages (3.5 percent vs 3 percent in August), restaurants and hotels (1.7 percent vs 1.4 percent), furniture (1.2 percent vs 0.9 percent), and recreation and culture (2.3 percent vs 2.2 percent). Meanwhile, inflation slowed for housing and utilities (1.1 percent vs 1.2 percent) and prices fell further for transportation (-0.4 percent vs -0.1 percent). On a monthly basis, consumer prices went down 0.9 percent, after a 0.8 percent increase in the prior month. source: National Statistics Office, Malta

Inflation Rate in Malta averaged 1.76 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 October 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. 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


Calendar GMT Actual Previous Consensus TEForecast
2021-07-16 09:00 AM Jun 0.2% 0.2% 0.3%
2021-08-18 09:00 AM Jul 0.3% 0.2% 0.4%
2021-09-17 09:00 AM Aug 0.4% 0.3% 0.7%
2021-10-08 09:00 AM Sep 0.7% 0.4% 0.7%
2021-11-18 10:00 AM Oct
2021-12-14 10:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Malta Inflation Rate at Over 1-Year High
Malta’s annual inflation rate rose to 0.7 percent in September of 2021 from 0.4 percent in the previous month. It was the highest reading since the same rate in August of 2020, as prices accelerated for food and non-alcoholic beverages (3.5 percent vs 3 percent in August), restaurants and hotels (1.7 percent vs 1.4 percent), furniture (1.2 percent vs 0.9 percent), and recreation and culture (2.3 percent vs 2.2 percent). Meanwhile, inflation slowed for housing and utilities (1.1 percent vs 1.2 percent) and prices fell further for transportation (-0.4 percent vs -0.1 percent). On a monthly basis, consumer prices went down 0.9 percent, after a 0.8 percent increase in the prior month.
2021-10-08
Malta Inflation Rate Inches Higher in August
Malta’s annual inflation rate rose marginally to 0.4 percent in August of 2021 from 0.3 percent in the previous month, a new high since last October. Prices rose mainly for clothing & footwear (3.4 percent vs 0.2 percent), food & non-alcoholic beverages (3.0 percent vs 2.9 percent), recreation & culture (2.2 percent vs 2.0 percent) and housing & utilities (1.2 percent vs 0.9 percent). Education inflation slowed but remained high (17.2 percent vs 19.7 percent in July). On the other hand, costs fell for transport (-0.1 percent vs 0.8 percent) and communication (-1.6 percent vs -1.9 percent). On a monthly basis, consumer prices went up 0.8 percent, after a 0.2 percent gain in the month prior.
2021-09-17
Malta Inflation Rate Ticks Up to 0.3% in July
Malta's annual inflation rate rose marginally to 0.3 percent in July of 2021 from 0.2 percent in the prior month, but still the highest since last October. Prices rose primarily for education (19.7 percent, the same pace as in June) and food & non-alcoholic beverages (2.9 percent vs 2.1 percent), largely due to higher costs of vegetables. Additional upward pressure came from prices of housing & utilities (0.9 percent vs 0.3 percent); transport (0.8 percent vs -0.8 percent) and recreation & culture (2.0 percent vs 3.5 percent). On the other hand, costs fell further for communication (-1.9 percent vs -1.4 percent). On a monthly basis, consumer prices inched up 0.2 percent, the least since January, after a 1.4 percent rise in the month prior.
2021-08-18
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 Last Unit Reference Previous Highest Lowest
Inflation Rate 0.70 percent Sep/21 0.40 5.74 -1.08
Inflation Rate Mom -0.90 percent Sep/21 0.80 4.16 -3.44
Harmonised Consumer Prices 109.72 points Sep/21 110.77 110.77 61.45
Consumer Price Index CPI 105.81 points Aug/21 104.97 105.81 74.37
GDP Deflator 89.55 points Jun/21 90.32 136.90 80.45
Producer Prices 112.99 points Aug/21 110.78 114.38 95.63
Producer Prices Change 4.22 percent Aug/21 1.17 9.50 -9.70
Cpi Transportation 105.88 points Aug/21 104.55 107.67 87.51
Cpi Housing Utilities 107.97 points Aug/21 107.64 109.63 99.38


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.