European Economic News

Malta's HICP Inflation Accelerates Further

Malta's EU measure of inflation accelerated for the third straight month in June, figures from the National Statistical Office showed Wednesday.

The harmonized index of consumer prices, or HICP, rose at a faster rate of 2.0 percent annually in June, following a 1.7 percent increase in May.

Prices of food and non-alcoholic beverages grew 1.9 percent annually in June and utility costs went up by 1.3 percent. Meanwhile, clothing and footwear prices dropped 1.6 percent.

by RTTNews Staff Writer

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