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Malta HICP Inflation Remains Stable In March

Malta's EU measure of inflation increased at a steady pace in March, figures from the National Institute of Statistics showed Wednesday.

The harmonized index of consumer prices, or HICP, climbed 1.2 percent year-over-year in March, the same rate of rise as in the previous month.

Prices of food and non-alcoholic beverages grew 3.7 percent annually in March and transport costs went up by 0.4 percent. At the same time, clothing and footwear prices decreased 1.4 percent.

Month-on-month, consumer prices rose 0.9 percent from February, when it increased by 0.4 percent.

by RTT Staff Writer

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