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Economy And The Numbers

Malta Inflation Eases To 2.5%

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Malta's consumer inflation softened slightly in June after accelerating in the previous four months, data from the National Statistics Office showed on Thursday.

The consumer price index climbed 2.5 percent year-on-year in June, slower than the 2.7 percent rise in May.

Inflation based on transportation eased to 3.6 percent from 5.6 percent. Prices for food and non-alcoholic beverages registered a stable growth of 4.2 percent annually in June, while utility costs rose at a slower pace of 0.6 percent.

On a monthly basis, consumer prices moved up 1.2 percent in June.

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