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STATISTICS MALTA

Malta: -0,9% Retail Price Index

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Copia di Template in inglesePrice changes and effects on inflation

The highest annual inflation rates in February 2024 were registered in Food (5.5 per cent) and Other goods and services (5.1 per cent). On the other hand, the lowest annual inflation rates were registered in Transport and communication (-2.3 per cent) and Water, electricity, gas and fuels.

In February 2024, the largest upward contribution to the overall annual inflation was registered in the Food Index (+1.19 percentage points), largely due to higher prices of take-aways. The second and third largest contributions were measured in the Other goods and services Index (+0.37 percentage points) and the Personal care and health Index (+0.34 percentage points), mainly on account of higher prices of cleaning products and articles of personal hygiene, respectively.

A downward contribution to the overall annual inflation was registered in the Transport and communication Index (-0.52 percentage points), mainly reflecting lower prices of mobile phone services.

Aggregates

In February 2024, the Food Index registered the highest annual inflation rate at 5.5 per cent, of which Food excluding restaurant services and take-aways registered an annual rate of 4.9 per cent and Restaurant services and take-aways registered an annual rate of 7.3 per cent.

The Transport and communication Index registered the lowest annual inflation rate of -2.3 per cent, of which Transport registered an annual rate of -1.6 per cent and Communication registered an annual rate of -4.9 per cent.

 
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