The annual inflation rate in Malta remained unchanged at 1.3 percent in December of 2019, the lowest level since March. Prices slowed primarily for restaurants & hotels (1.7 percent vs 2 percent in November); transport (1.5 percent vs 1.7 percent) and recreation & culture (1.9 percent vs 2 percent). In contrast, cost increased faster for food & non-alcoholic beverages (2.2 percent vs 1.3 percent); housing & utilities (1.4 percent vs 1.3 percent) and miscellaneous goods & services (1.9 percent vs 1.6 percent). On a monthly basis, consumer prices went down 0.2 percent, after falling 3 percent in the previous month.

Inflation Rate in Malta averaged 1.89 percent from 2005 until 2019, 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.

Inflation Rate in Malta is expected to be 1.70 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 1.60 in 12 months time. In the long-term, the Malta Inflation Rate is projected to trend around 1.80 percent in 2020, according to our econometric models.


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Malta Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.30 1.30 5.74 -1.08 2005 - 2019 percent Monthly
2015=100, NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-11 09:00 AM Sep 1.6% 1.9% 1.7%
2019-11-15 10:00 AM Oct 1.4% 1.6% 1.9%
2019-12-18 10:00 AM Nov 1.3% 1.4% 1.3%
2020-01-17 10:00 AM Dec 1.3% 1.3% 1.2%
2020-02-21 10:00 AM Jan 1.3% 1.8%


News Stream
2019-12-18
Malta Inflation Rate Eases to 8-Month Low
The annual inflation rate in Malta fell to 1.3 percent in November of 2019 from 1.4 percent in the previous month. It was the lowest inflation rate since March, as prices slowed for food & non-alcoholic beverages (1.3 percent vs 1.4 percent in October); recreation & culture (2.0 percent vs 2.4 percent) and housing & utilities (1.3 percent vs 1.8 percent). On the other hand, cost advanced faster for restaurants & hotels (2.0 percent vs 1.9 percent); miscellaneous goods & services (1.6 percent vs 1.4 percent) and health (1.9 percent vs 1.8 percent) while inflation was steady for transport (at 1.7 percent). On a monthly basis, consumer prices dropped 3.0 percent, after decreasing 1.4 percent in the prior month.

2019-11-15
Malta October Inflation Rate Eases to 7-Month Low
The annual inflation rate in Malta fell to 1.4 percent in October of 2019 from 1.6 percent in the previous month. It was the lowest inflation rate since March, as prices slowed for restaurants & hotels (1.9 percent vs 2.0 percent in September); food & non-alcoholic beverages (1.4 percent vs 3.0 percent); housing & utilities (1.8 percent vs 2.2 percent); miscellaneous goods & services (1.4 percent vs 2.3 percent) and communication (a flat reading vs 0.2 percent). On the other hand, prices advanced faster for transport (1.7 percent vs 1.4 percent); recreation & culture (2.4 percent vs 2.3 percent) and health (1.8 percent vs 1.7 percent). On a monthly basis, consumer prices dropped 1.4 percent, after decreasing 1.1 percent in the prior month.

2019-10-11
Malta September Inflation Rate Eases to 6-Month Low
The annual inflation rate in Malta fell to 1.6 percent in September 2019 from 1.9 percent in the previous month. It was the lowest inflation rate in six months, as prices slowed for food & non-alcoholic beverages (3 percent from 3.6 percent in August); restaurant & hotels (2 percent from 2.1 percent); transport (1.4 percent from 1.8 percent); recreation & culture (2.3 percent from 2.6 percent); housing & utilities (2.2 percent from 2.3 percent); miscellaneous goods & services (2.3 percent from 3 percent) and communication (0.2 percent from 0.7 percent). Meanwhile, cost of health advanced further (1.7 percent from 1.5 percent). On a monthly basis, consumer prices dropped 1.1 percent, after increasing 0.8 percent in the prior month.

2019-09-18
Malta Inflation Rate at 10-Month High of 1.9%
Annual inflation rate in Malta increased to 1.9 percent in August of 2019 from 1.8 percent in each of the previous two months. It is the highest inflation since October of 2018, as cost advanced further for food & non-alcoholic beverages (3.6 percent vs 3.2 percent in July); recreation & culture (2.6 percent vs 2.2 percent); housing & utilities (2.3 percent vs 2.2 percent); miscellaneous goods & services (3 percent vs 2.8 percent) and health (1.5 percent vs 1.4 percent). On the other hand, cost slowed for restaurant & hotels (2.1 percent vs 2.2 percent); transport (1.8 percent vs 2 percent) and communication (0.7 percent vs 0.8 percent). On a monthly basis, consumer prices went up 0.8 percent, following a 0.3 percent gain in July.

2019-08-19
Malta Inflation Rate Unchanged at 8-Month High
Malta's annual inflation came in at 1.8 percent year-on-year in July 2019, unchanged from the previous month's eight-month high, as prices rose for restaurants & hotels (2.2 percent vs 2.1 percent), food & non-alcoholic beverages (3.2 percent vs 3.7 percent), transport (2.0 percent vs 0.8 percent), recreation & culture (2.2 percent vs 1.1 percent), housing & utilities (2.2 percent vs 2.1 percent), and miscellaneous goods & services (2.8 percent vs 2.5 percent). On a monthly basis, consumer prices increased 0.3 percent in July, after a 1.3 percent jump in June.

2019-07-17
Malta Inflation Rate Rises to 8-Month High of 1.8%
Annual inflation rate in Malta increased to 1.8 percent in June of 2019 from 1.7 percent in each of the previous two months. It is the highest inflation since October of 2018, as cost rose faster for recreation & culture (1.1 percent from 0.5 percent); miscellaneous goods & service (2.5 percent from 2.4 percent); ) health (1.5 percent from 1.4 percent); alcoholic beverages & tobacco (0.2 percent from 0.1 percent) and communication (1.6 percent from a flat reading). Also, prices rebounded for household goods & maintenance (0.1 percent from -0.1 percent) and clothing & footwear (1.4 percent from -0.4 percent). On the other hand, prices slowed for food & non-alcoholic beverages (3.7 percent from 4.3 percent in May); transport (0.8 percent from 1 percent) and housing & utilities (2.1 percent from 2.3 percent); while inflation was steady for restaurant & hotels (2.5 percent). On a monthly basis, consumer prices went up 1.3 percent, after a 1.4 percent gain in May.


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.

Malta Prices Last Previous Highest Lowest Unit
Inflation Rate 1.30 1.30 5.74 -1.08 percent [+]
Inflation Rate Mom -0.20 -3.00 4.16 -3.44 percent [+]
Consumer Price Index CPI 103.44 103.69 103.69 74.37 points [+]
Harmonised Consumer Prices 103.44 103.69 109.63 61.45 points [+]
GDP Deflator 85.68 80.18 136.90 80.18 points [+]
Producer Prices 108.48 108.73 114.38 95.63 points [+]
Producer Prices Change 1.40 2.20 9.50 -9.70 percent [+]
Food Inflation 2.20 1.30 6.80 -0.40 percent [+]
Cpi Housing Utilities 106.16 106.01 109.63 99.38 points [+]
Cpi Transportation 103.18 102.48 107.67 87.51 points [+]