Malta’s annual inflation rate edged up to 2.1% in July 2026, following a more than one-year low of 2.0% in the previous month. Prices increased at a faster pace in restaurants and hotels (3.3% vs 3.0% in June), alcoholic beverages and tobacco (1.8% vs 1.6%), housing and utilities (3.0% vs 2.8%), furnishings and household equipment (2.9% vs 2.6%), insurance and financial services (1.0% vs 0.3%), and miscellaneous goods and services (3.7% vs 2.9%). Deflation also eased for clothing and footwear (-3.6% vs -3.9%). Meanwhile, price growth slowed for food and non-alcoholic beverages (1.7% vs 1.8%), transportation (1.9% vs 2.6%), health (2.8% vs 3.0%), and recreation and culture (3.2% vs 3.4%), while it remained steady for education (at 3.2%). On a monthly basis, consumer prices rose 0.5% in July, following a 1.1% increase in the previous month. source: National Statistics Office, Malta

Inflation Rate in Malta increased to 2.10 percent in July from 2 percent in June of 2026. Inflation Rate in Malta averaged 2.38 percent from 1997 until 2026, reaching an all time high of 7.40 percent in September of 2022 and a record low of -1.08 percent in April of 2007. This page provides the latest reported value for - Malta Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malta Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

Inflation Rate in Malta increased to 2.10 percent in July from 2 percent in June of 2026. Inflation Rate in Malta is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malta Inflation Rate is projected to trend around 2.40 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-17 09:00 AM
Inflation Rate YoY
Jun 2.0% 2.1% 2.0%
2026-08-19 09:00 AM
Inflation Rate YoY
Jul 2.1% 2.0% 2.1%
2026-09-17 09:00 AM
Inflation Rate YoY
Aug 2.1% 2.3%


Related Last Previous Unit Reference
Retail Price Index 125.19 125.19 points Jul 2026
CPI Housing Utilities 102.79 102.50 points Jul 2026
CPI Transportation 104.91 102.97 points Jul 2026
GDP Deflator 122.12 123.15 points Mar 2026
Harmonised Consumer Prices 105.38 104.86 points Jul 2026
Harmonised Inflation Rate MoM 0.50 1.00 percent Jul 2026
Harmonised Inflation Rate YoY 2.10 2.00 percent Jul 2026
Inflation Rate YoY 2.10 2.00 percent Jul 2026
Inflation Rate MoM 0.50 1.10 percent Jul 2026
Producer Prices 109.84 109.68 points Jun 2026
PPI YoY 1.50 1.50 percent Jun 2026


Malta Inflation Rate
In Malta, the most important categories in the consumer price index are Food and Non-Alcoholic Beverages accounts for 18 percent and Restaurant and Hotels for 15 percent; Transport for 12 percent; and Housing and Utilities for 10 percent. The index also includes: Furnishings, Household Equipment and Maintenance (9 percent); Miscellaneous Goods and Service (8 percent); and Recreation and Culture (8 percent). Health; Clothing and Footwear; Communication; Alcoholic Beverages and Tobacco; and Education account for the remaining 20 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.00 7.40 -1.08 1997 - 2026 percent Monthly
2015=100, NSA

News Stream
Malta Inflation Edges Higher in July
Malta’s annual inflation rate edged up to 2.1% in July 2026, following a more than one-year low of 2.0% in the previous month. Prices increased at a faster pace in restaurants and hotels (3.3% vs 3.0% in June), alcoholic beverages and tobacco (1.8% vs 1.6%), housing and utilities (3.0% vs 2.8%), furnishings and household equipment (2.9% vs 2.6%), insurance and financial services (1.0% vs 0.3%), and miscellaneous goods and services (3.7% vs 2.9%). Deflation also eased for clothing and footwear (-3.6% vs -3.9%). Meanwhile, price growth slowed for food and non-alcoholic beverages (1.7% vs 1.8%), transportation (1.9% vs 2.6%), health (2.8% vs 3.0%), and recreation and culture (3.2% vs 3.4%), while it remained steady for education (at 3.2%). On a monthly basis, consumer prices rose 0.5% in July, following a 1.1% increase in the previous month.
2026-08-19
Malta Annual Inflation Eases to 2025-Lows
Malta's annual inflation rate eased to 2.0% in June 2026, marking the lowest level since February 2025, down from 2.1% in the previous month. The slowdown was mainly supported by easing price growth in food (1.8% vs 2.0%) and transport (2.6% vs 2.9%), followed by recreation, sport and culture (3.4% vs 3.9%), health (3.0% vs 3.1%) and restaurants and accommodation services (3.0% vs 3.6%). Meanwhile, deflation eased for clothing and footwear (-3.9% vs -4.3%) and information and communication (-1.6% vs -2.5%). In contrast, price growth accelerated for housing and utilities (2.8% vs 2.5%), furnishings (2.6% vs 2.4%), alcoholic beverages, tobacco and narcotics (1.6% vs 1.5%) and education services (3.2% vs 3.1%). Costs in insurance and financial services rebounded, increased 0.3% following a 0.2% drop. On a monthly basis, consumer prices rose 1.1%, easing from 1.4% in the previous month.
2026-07-17
Malta Inflation Slows to Over 1-Year Low
Malta’s annual inflation rate slowed to 2.1% in May 2026 from 2.5% in the previous month. This also marked the lowest reading since March 2025, mainly driven by continued price declines in clothing and footwear (-4.3% vs -5.8% in April). Prices also fell further for information and communication (-2.5% vs -2.4%) and insurance and financial services (-2.5% vs -2.4%). At the same time, inflation eased for food and non-alcoholic beverages (2.0% vs 3.8%), furnishings, household equipment and maintenance (2.4% vs 2.8%), recreation, sports and culture (3.9% vs 4.4%), restaurants and accommodation services (3.6% vs 4.0%), and miscellaneous goods and services (3.0% vs 3.1%). In contrast, prices rose further for alcoholic beverages and tobacco (1.5% vs 1.3%), housing and utilities (2.5% vs 2.3%), and transport (2.9% vs 2.5%). On a monthly basis, consumer prices rose 1.4% in May, easing from a 3.4% gain in the preceding month.
2026-06-17