Tag: inflation rate
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Inflation hits 2.5% in July, driven by food and transport costs
Malta’s annual inflation rate stood at 2.5% in July 2025, above the euro area average of 2.0%, according to figures of the HICP released by the National Statistics Office (NSO). The increase was primarily driven by the consistent rising trend of higher prices in food, restaurants, and transport, while declines in communication and clothing costs…
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Inflation rises to 1.9% in February, driven by food and services
In February 2025, Malta’s annual inflation rate, as measured by the Retail Price Index (RPI), rose to 1.9%, up from 1.4% in January. The highest annual inflation rates were observed in the “Other goods and services” category at 3.8%, and “Beverages and tobacco” at 3.4%. Conversely, the “Water, electricity, gas and fuels” and “Housing” categories…
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Euro Area inflation rises to 2.4% in December as per expectations: Malta’s inflation rate is going down
Consumer inflation in the Euro zone reached 2.4% in December 2024, increasing from 2.2% in November, according to the latest Eurostat figures. That compares with 2.9% back in December 2023. The broader EU posted an annual inflation rate of 2.7% in December 2024 up from 2.5% in November, and lower compared to 3.4% a year…
