Malta’s inflation remains 1.3% in March

(source: Unplash/Jonathan Brinkhorst)

Updated on

Malta’s annual rate of inflation as measured by the Harmonised Index of Consumer Prices (HICP) remained at a constant rate of 1.3% in March 2019, according to figures published by the National Statistics Office (NSO).

The twelve-month moving average rate for March stood at 1.7%.

The largest upward impact on annual inflation was measured in the food and non-alcoholic beverages index with 0.57 percentage points. This was followed by the restaurants and hotels index increasing by 0.29 pp and the housing, electricity, gas and other fuels index upping by 0.21 pp.

The largest downward impact was recorded in the education index; a decrease of 0.10 pp. This was followed by the furnishings, household equipment and routine household maintenance index and the clothing and footwear index dropping by 0.03 pp, respectively.

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