Malta’s annual inflation rate climbed to 7.3 percent in December 2022 from 7.2 percent in the previous month. Prices advanced faster for food & non-alcoholic beverages (13.5 percent vs. 13.5 percent in November), transportation (4.8 percent vs. 4.0 percent), and housing & utilities (10.6 percent vs. 10.4 percent). On the other hand, restaurant & hotel prices eased (5.9 percent vs. 6.4 percent). Monthly, consumer prices were flat, following a 2.6 percent drop in November. source: National Statistics Office, Malta

Inflation Rate in Malta averaged 2.26 percent from 1997 until 2022, reaching an all time high of 7.40 percent in September of 2022 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 January of 2023.

Inflation Rate in Malta is expected to be 5.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Malta Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-12-16 10:00 AM Nov 7.2% 7.4% 7.2%
2023-01-18 10:00 AM Dec 7.3% 7.2% 7%
2023-02-23 10:00 AM Jan 7.3%


Related Last Previous Unit Reference
Inflation Rate 7.30 7.20 percent Dec 2022
Inflation Rate MoM 0.00 -2.60 percent Dec 2022
Consumer Price Index CPI 114.68 113.94 points Dec 2022
Harmonised Consumer Prices 114.08 114.06 points Dec 2022
GDP Deflator 83.01 84.58 points Sep 2022
Producer Prices 120.96 121.39 points Dec 2022
Producer Prices Change 4.29 5.96 percent Dec 2022
CPI Transportation 109.37 107.87 points Dec 2022
CPI Housing Utilities 121.23 120.89 points Dec 2022

Malta Inflation Rate
In Malta, the most important categories in the consumer price index are Food and Non-Alcoholic Beverages accounts for 18 percent and Restaurant and Hotels for 15 percent; Transport for 12 percent; and Housing and Utilities for 10 percent. The index also includes: Furnishings, Household Equipment and Maintenance (9 percent); Miscellaneous Goods and Service (8 percent); and Recreation and Culture (8 percent). Health; Clothing and Footwear; Communication; Alcoholic Beverages and Tobacco; and Education account for the remaining 20 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
7.30 7.20 7.40 -1.08 1997 - 2022 percent Monthly
2015=100, NSA

News Stream
Malta Inflation Rate Climbs Again in December
Malta’s annual inflation rate climbed to 7.3 percent in December 2022 from 7.2 percent in the previous month. Prices advanced faster for food & non-alcoholic beverages (13.5 percent vs. 13.5 percent in November), transportation (4.8 percent vs. 4.0 percent), and housing & utilities (10.6 percent vs. 10.4 percent). On the other hand, restaurant & hotel prices eased (5.9 percent vs. 6.4 percent). Monthly, consumer prices were flat, following a 2.6 percent drop in November.
2023-01-18
Malta Inflation Rate Eases in November
Malta’s annual inflation rate eased to 7.2 percent in November 2022 from 7.4 percent in the previous month. Prices slowed for food & non-alcoholic beverages (13.4 percent vs. 14.3 percent in October), transportation (4.0 percent vs. 4.1 percent), recreation & culture (6.4 percent vs. 6.6 percent), and miscellaneous goods & services (4.2 percent vs. 4.6 percent). On the other hand, housing & utility prices advanced faster (10.4 percent vs. 10.2 percent), while inflation was steady for restaurants & hotels (6.4 percent). Monthly, consumer prices declined 2.6 percent, following a 0.6 percent drop in October.
2022-12-16
Malta October Inflation Rate Holds at Record Level
Malta’s annual inflation rate stood at a record high of 7.4% in October of 2022, unchanged from the previous month. Upward pressure continued to come mostly from prices of food & non-alcoholic beverages (14.3% vs 11.9% in September) and housing & utilities (10.2% vs 9.6%). Meanwhile, prices slowed down for transportation (4.1% vs 7.7%); recreation & culture (6.6% vs 7.7%); restaurants & hotels (6.4% vs 6.4%) and miscellaneous goods & services (4.6% vs 4.8%). On a monthly basis, consumer prices were down by 0.6%, the same pace as in the previous month.
2022-11-17