Malta’s HICP growth remains 1.8% in July

Published by
Manfredi Bertelli

Malta’s Harmonised Index of Consumer Prices (HICP) growth remained constant at 1.8% in July, according to the latest figures published by the National Statistics Office (NSO). The twelve-month moving average rate for July stood at 1.7%.

The largest upward impact was measured in restaurants and hotels (0.57 pp), due to higher costs of restaurant services, while the largest downward impact was recorded in education (0.09 pp).

The highest annual inflation rates were recorded in food and non-alcoholic beverages (3.2%) and miscellaneous goods and services (2.8%).

The lowest annual inflation was registered in education (-4.6%) and clothing and footwear (-1.6%)

The full report with charts and data is available for download at the website of NSO.

Manfredi Bertelli

Manfredi used to be a junior journalist working with Business Malta, the predecessor of Malta Business Weekly's online platform. He enjoys putting his creativity into his writing and is committed to learning new styles to strengthen his skills and embellish his flair.

Recent Posts

MFSA warns public of fraudulent companies misusing licensed entities’ details

The Malta Financial Services Authority (MFSA) has issued warnings against several fraudulent companies exploiting the…

8 hours ago

Prime Minister visits Gozitan businesses which thrived after receiving support

During a visit to Gozo, Prime Minister Robert Abela toured two Gozitan businesses that have…

9 hours ago

MDA calls for reform to ensure ‘fairness and accountability’ in magisterial Inquiries

The Malta Developers Association (MDA) on Saturday expressed serious concerns about the practice of implicating…

11 hours ago

BOV Bugibba and Ħal Luqa branches reopen with modern upgrades

Branch in Ħaż-Żebbuġ closes for refurbishment Following weeks of intensive work, the Bugibba and Ħal…

11 hours ago

Gozo’s economic growth must continue to result in common good and identity preservation, PM says

Prime Minister Robert Abela said that Gozo is an example of how economic growth must…

11 hours ago

€1.6 billion to be invested in pensions and social benefits throughout 2025

€1.6 billion is set to be spent on pensions and social benefits throughout the calendar…

1 day ago