Malta’s HICP growth remains 1.8% in July

(source: Unsplash/Nathan Dumlao)

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Malta’s Harmonised Index of Consumer Prices (HICP) growth remained constant at 1.8% in July, according to the latest figures published by the National Statistics Office (NSO). The twelve-month moving average rate for July stood at 1.7%.

The largest upward impact was measured in restaurants and hotels (0.57 pp), due to higher costs of restaurant services, while the largest downward impact was recorded in education (0.09 pp).

The highest annual inflation rates were recorded in food and non-alcoholic beverages (3.2%) and miscellaneous goods and services (2.8%).

The lowest annual inflation was registered in education (-4.6%) and clothing and footwear (-1.6%)

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The full report with charts and data is available for download at the website of NSO.