Malta’s inflation accelerates to 1.3% in February

(source: Unsplash/Sara Kurfess)

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Malta’s annual rate of inflation, as measured by the Harmonised Index of Consumer Prices (HICP), reached 1.3% in February, growing from 1.0% in January, according to the latest figures published by the National Statistics Office (NSO). The twelve-month moving average rate was 1.7%.

The most significant upward impact on annual inflation was measured in the food and non-alcoholic beverages index (3.8%), followed by the housing, water, electricity, gas and other fuels segment (2.3%).

The most considerable downward impact was recorded in education (-4.4%) and the clothing and footwear index (-2.6%).

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

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