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). source: National Statistics Office, Malta

Inflation Rate in Malta averaged 1.83 percent from 2005 until 2020, 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 March of 2021.

Inflation Rate in Malta is expected to be 0.80 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
2020-11-18 10:00 AM Oct 0.6% 0.5% 0.4%
2020-12-17 10:00 AM Nov 0.2% 0.6% 0.5%
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 0.2%
2021-04-16 09:00 AM Mar
2021-05-20 10:00 AM Apr
2021-06-17 09:00 AM May


News Stream
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 November Inflation Rate Lowest since 2009
The annual inflation rate in Malta dropped to 0.2 percent in November of 2020 from 0.6 percent in the previous month, reaching its lowest level since December of 2009. Downward pressure came from prices of clothing & footwear (-5 percent vs -0.7 percent in October); furnishings (-1.6 percent, the same pace as in October), transport (-1.1 percent vs -0.9 percent); communication (-0.9 percent vs -0.1 percent) and restaurant & hotels (-0.4 percent vs 0.4 percent). On a monthly basis, consumer prices declined 3.4 percent, following a 1.3 percent fall in October, amid lower prices for restaurants & hotels (-16.2 percent).
2020-12-17
Malta Inflation Rate Ticks Up to 0.6% in October
The annual inflation rate in Malta rose marginally to 0.6 percent in October of 2020 from 0.5 percent in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (2.6 percent vs 1.7 percent in September) and education (4.8 percent vs -7.7 percent). On a monthly basis, consumer prices decreased 1.3 percent, the same pace as in September, mainly due to lower costs at restaurants & hotels (-6.4 percent vs -6.1 percent).
2020-11-18

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.