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Malta HICP Inflation Accelerates For Second Month

12/14/2012 8:01 AM ET

Malta's inflation based on the EU-measure rose for a second consecutive month in November, data released by the National Statistics Office of Malta showed on Friday.

The harmonized index of consumer prices rose 3.6 percent year-on-year in November after rising 3.2 percent in October. In September, the figure was 2.9 percent. Inflation was the highest since July.

Prices increased the most in restaurants and hotels category, followed by food and non-alcoholic beverages group. In contrast, communication costs declined.

Sequentially, the HICP fell further by 1.9 percent in November after declining 0.7 percent in October.

by RTT Staff Writer

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