Tag: Inflation
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Latest HICP revisions confirm that inflation is receding but very slightly
According to the NSO’s latest release of the Harmonised Index of Consumer Prices (HICP), inflation in January went down from 2.5% in December to 2.3% in January, using revised estimates according to ECOICOP version 2 classification. The inflation rate for December has now been calculated 0.1% higher having actually increased after the month of November and…
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Chairman Powell remains unchanged despite DOJ subpoena
Despite pressure by President Donald Trump to lower interest rates, including via a trumped-up case by the Department of Justice, US Federal Reserve Chairman left the main central bank interest rate unchanged at the 3.5-3.75% range. The US Federal Reserve Chairman highlighted that inflation in goods is increasing mainly due to tariffs while there is…
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Retail Price Index contradicts the Harmonised Index for Consumer Prices: inflation for Maltese households goes up
Issued by the NSO earlier today, The latest reading of the Retail Price Index is contradicting the HICP over inflation after the RPI came out higher from the previous month. According to the Retail Price Index, inflation in Malta in December hit 2.7%, higher than the previous reading of 2.6% for November. The HICP reading…
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BREAKING: Euro-area inflation goes down to 1.9%: Euro makes a 0.69% move up against the US Dollar
According to the latest released Eurostat figures earlier today, Euro area inflation has gone down to 1.9% in December last year, keeping up with its downward trend and the ECB’s targets. Inflation ion Malta also came lower striking a downward reading despite a year of persistent inflationary price rises mainly due to food prices. The…
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Inflation in Malta begins receding: meat and food prices keep pressure up
The Harmonised Index of Consumer Prices (HICP) came at 2.4% for last December according to the latest NSO statistics. This is the first downward reading after two consecutive months that were in line with the upward pace of last year. November’s reading was 2.5%. Food and non-alcoholic beverages kept leading the price increases (0.68%) with…
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Record increase in household income in 2024 but inflation is taking a huge toll
According to the latest statistics by the National Statistics Office, real household gross disposable income per capita increased by 8.6% in 2024 compared to 3.2% in 2023. The increase aligns with other high economic and financial metrics for 2024 being a record-breaking year for the economy on various metrics. Total household consumption expenditure in 2024…
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Food prices keep pushing inflation higher in Malta
The price increases rate for October kept going higher, increasing from 2.4% in September to 2.7% in October as measured by the retail price index, according to the latest NSO statistics. Food remains the main item causing inflationary pressure among products and services in Malta, pushing as a result inflation above the EU average. Inflation…
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Inflation in Malta remains above Euro 2.1% average as food prices keep increasing
Malta’s annual inflation rate stood at 2.5% in October 2025, outpacing the Euro area average of 2.1%, according to the latest Harmonised Index of Consumer Prices (HICP) data. Price movements across key sectors show a mixed picture, with strong upward pressures from services and food. Food prices have consistently lead the charge in Malta’s inflationary…
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Retail Price Index confirms inflation in Malta is slowing down but food prices still going up
According to the latest statistics by the NSO, the retail price index has confirmed last week’s reading of the consumer price index showing that inflation in Malta has slowed down in September but food prices kept going up. Inflation dropped from 2.7% in August to 2.4% in September with food coming in the second place…
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Inflation rises in Europe in the month of September: Malta’s inflation rate goes lower but still higher than Eurozone’s average
Inflation according to the Consumer Price Index, has rose in the Euro area for the first-time in several months after ticking up to an average of 2.2% from its previous monthly rate of 2% according to the latest Eurostat figures. Malta retained a higher than average-rate in the Euro-area of 2.4%. Inflation in the EU…
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Retail Price Index keeps going up with food prices
The retail price index has kept moving upwards mainly thanks to food prices in August confirming this year’s trend with the HICP index, according to the latest NSO report. The retail price index increased by 2.7%, higher than its 2.4% rate in August. Food was the largest contributor with up 0.95% of the price change.…
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Inflation in Europe remains stable
Inflation in Europe has remained stable at 2% in the Euro area, edging slightly higher in the EU from 2.3% to 2.4% from July to August according to the latest Eurostat figures. Inflation edged significantly higher in Romania with 8.5%, Estonia with 6.2% and Croatia with 4.6%. Inflation was lowest in Cyprus with 0%, France…
