Home Economy Inflation down 0.1% in June – NSO

Inflation down 0.1% in June – NSO

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Malta’s annual inflation in June was 0.1% down when compared to May, at 2.2% (2.3% in May), figures released by the National Statistics Office on Wednesday show.

The data shows inflation in the country still stands below the June euro area average of 2.5%. The euro area inflation is down from 2.6% in May, having been 5.5% in June 2023.

In Malta, the highest annual inflation rates were registered in miscellaneous goods and services (4.1%) and education (4.1%). The lowest were registered in communication (-12.2 %) and clothing and footwear (-0.2%).

The lowest annual rates were registered in Finland (0.5%), Italy (0.9%) and Lithuania (1.0%). The highest annual rates were recorded in Belgium (5.4%), Romania (5.3%), Spain and Hungary (both 3.6%).