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Malta HICP Inflation Steady At 2.5%

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

Malta's EU measure of inflation remained stable in July, data from the National Statistics Office showed on Wednesday.

The harmonized index of consumer prices, or HICP, climbed 2.5 percent year-on-year in July, unchanged from the previous month.

Prices for food and non-alcoholic beverages registered a slower growth of 3.8 percent annually in July versus a 4.2 percent gain a month ago. Transport charges were 4.6 percent more expensive, while clothing and footwear prices dropped 0.3 percent.

On a monthly basis, the HICP moved up 0.4 percent in July.

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