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The Maltese Herald

Inflation goes higher in March: bumped by food and beverages prices

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by

Maltese Herald
in ,

According to the latest statistics issued by the National Statistics Office, inflation in Malta was registered at annual rate of 2.1% for March with the Retail Price Index, 0.2% higher than in February’s 1.9% rate. The increase came mostly from beverages and food items.

The Harmonised Index of Prices also went up from 2.0% to 2.1% from February to March. Malta’s inflation rates are lower than the EU’s average, but they are also sensitive to foreign events which may explain their current counter-trend with the Euro area where inflation is going lower. Risks for inflation include US tariffs and prolonged blockage in the Red Sea, while lower gas and oil prices may help to bring the inflation rates lower again.

 

 

 

Comments

3 responses to “Inflation goes higher in March: bumped by food and beverages prices”

  1. Makjavel avatar
    Makjavel

    Gross Domestic Product or Gross Domestic Spend.
    How does household purchases go into GDP? Since when spending becomes a product?
    Is Malta’s GDP a fraud?
    Is Malta’s GDP inflated to hide its National Debt behind percentages?
    Is there anybody out there who cares to challenge the status quo , like the sun goes round the world, where infact it is the other way round?

    Reply
  2. Inflation rate in Malta made an uptick in the first quarter of this year: pushed by food and non-alcoholic beverages - The Maltese Herald avatar
    Inflation rate in Malta made an uptick in the first quarter of this year: pushed by food and non-alcoholic beverages - The Maltese Herald

    […] in the prices of food and non-alcoholic beverages, namely in restaurant prices. Also in March, the inflation rate ticked upwards partly due to food and non-alcoholic […]

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  3. Inflation in Malta keeps rising due to food and non-alcaholic beverages - The Maltese Herald avatar
    Inflation in Malta keeps rising due to food and non-alcaholic beverages - The Maltese Herald

    […] for Consumer Prices went up by 2.7% in May higher than its 2.6% increase in April, mainly due to a consistent increase in the prices of food and non-alcoholic […]

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