Inflation down 0.1% in June – NSO

Published by
The Malta Business Weekly

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%).

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.

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