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. source: National Statistics Office, Malta

Inflation Rate in Malta averaged 1.80 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 May of 2021.

Inflation Rate in Malta is expected to be 1.40 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 1.40 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
0.10 0.10 5.74 -1.08 2005 - 2021 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-20 10:00 AM Dec 0.2% 0.2% 0.3%
2021-02-23 10:00 AM Jan 0.2% 0.2% 0.6%
2021-03-18 10:00 AM Feb 0.1% 0.2% 0.6%
2021-04-16 09:00 AM Mar 0.1% 0.1% 0.8%
2021-05-19 10:00 AM Apr 0.1% 0.2%
2021-06-17 09:00 AM May
2021-07-16 09:00 AM Jun
2021-08-19 09:00 AM Jul


News Stream
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 Lowest since 2009
The annual inflation rate in Malta edged down to 0.1 percent in February of 2021, from 0.2 percent in each of the previous 3 months. It is the lowest reading since December of 2009, amid falling prices for transport (-1.1 percent vs -0.7 percent); restaurants & hotels (-0.2 percent vs -0.2 percent) and communication (-0.7 percent vs -0.7 percent). Also, cost of food and non-alcoholic beverages was flat after rising 0.1 percent in January. In contrast, the largest upward impacts came from cost of housing and utilities (0.7 percent vs 0.5 percent); recreation and culture (0.9 percent vs -0.1 percent in January); and health services (2.0 percent vs 1.9 percent). On a monthly basis, consumer prices increased by 0.5 percent, following a 1.3 percent decline in the month prior.
2021-03-18
Inflation in Malta Steady at 0.2%
The annual inflation rate in Malta sticked to 0.2 percent in January of 2021, unchanged from the previous month. The largest upward impacts came from clothing & footwear (0.7 percent vs -3.9 percent in December), due to higher prices of garments; health (1.9 percent vs 2.3 percent), on account of higher prices of medical services; and education (2.5 percent vs 4.8 percent), on higher private school fees. Downward pressure came from prices of transports (-0.7 percent vs -0.9), reflecting lower prices of fuels; communications (-0.7 percent vs -1.3); and restaurants & hotels (-0.2 percent vs -0.2 percent). On a monthly basis, consumer prices fell 1.3 percent, following a 0.3 percent decline in December, as prices plunged for clothing & footwear (-19.1 percent), and continued to fall for restaurants & hotels (-0.8 percent) and for food & non-alcoholic beverages (-0.2 percent).
2021-02-23
Inflation in Malta Remains at 0.2%
The annual inflation rate in Malta sticked to 0.2 percent in December of 2020, unchanged from the previous month. The largest upward impacts came from food and non-alcoholic beverages (1.2 percent vs 2.6 percent in November), mainly due to higher fruit prices; education (4.8 percent vs 4.8 percent), on higher private school fees; and miscellaneous goods and services (1.4 percent vs 1.8 percent) due to higher prices of hairdressing services. Downward pressure came from prices of clothing & footwear (-3.9 percent vs -5 percent); transport (-0.9 percent vs -1.1 percent); and furnishings (-0.7 percent vs -1.6 percent). On a monthly basis, consumer prices declined 0.3 percent, following a 3.4 percent fall in November, amidst a balance between restaurants & hotels prices (-2.7 percent) and clothing and footwear prices (2.4 percent).
2021-01-20

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.