Malta’s annual inflation rate eased to 2.3% in January 2026 from an upwardly revised 2.5% in December, marking the lowest level since March 2025. Prices slowed in transport (1.6% vs 2.7%), housing and utilities (1.7% vs 1.8%), furnishings, household equipment and routine maintenance (1.8% vs 2.2%), and alcoholic beverages and tobacco (1.7% vs 2.2%). At the same time, costs were unchanged for food and non-alcoholic beverages (3.7%) and health (3.3%). Meanwhile, inflation rose in recreation and culture (3.9% vs 3.4%), education (4.4% vs 4.3%), restaurants and hotels (3.7% vs 3.1%), and miscellaneous goods and services (3.8% vs 3.5%), while deflation eased for clothing and footwear (-2.7% vs -3.2%) and communication (-2.6% vs -5.5%). On a monthly basis, consumer prices fell 0.6%, following a 0.4% decline in the previous month. source: National Statistics Office, Malta

Inflation Rate in Malta decreased to 2.30 percent in January from 2.50 percent in December of 2025. Inflation Rate in Malta averaged 2.39 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 March of 2026.

Inflation Rate in Malta decreased to 2.30 percent in January from 2.50 percent in December of 2025. Inflation Rate in Malta is expected to be 2.20 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 1.90 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-19 10:00 AM
Inflation Rate YoY
Dec 2.4% 2.5% 2.4%
2026-02-25 10:00 AM
Inflation Rate YoY
Jan 2.3% 2.5% 2.2%
2026-03-18 10:00 AM
Inflation Rate YoY
Feb 2.3% 2.2%


Related Last Previous Unit Reference
Retail Price Index 122.40 123.40 points Jan 2026
CPI Housing Utilities 101.17 130.96 points Jan 2026
CPI Transportation 98.54 116.54 points Jan 2026
GDP Deflator 121.69 120.75 points Dec 2025
Harmonised Consumer Prices 97.81 97.47 points Feb 2026
Harmonised Inflation Rate MoM -0.40 -0.40 percent Jan 2026
Harmonised Inflation Rate YoY 2.50 2.50 percent Jan 2026
Inflation Rate YoY 2.30 2.50 percent Jan 2026
Inflation Rate MoM -0.60 -0.40 percent Jan 2026
Producer Prices 108.67 108.50 points Jan 2026
PPI YoY 0.10 0.10 percent Jan 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
2.30 2.50 7.40 -1.08 1997 - 2026 percent Monthly
2015=100, NSA

News Stream
Malta Inflation Hits 10-Month Low
Malta’s annual inflation rate eased to 2.3% in January 2026 from an upwardly revised 2.5% in December, marking the lowest level since March 2025. Prices slowed in transport (1.6% vs 2.7%), housing and utilities (1.7% vs 1.8%), furnishings, household equipment and routine maintenance (1.8% vs 2.2%), and alcoholic beverages and tobacco (1.7% vs 2.2%). At the same time, costs were unchanged for food and non-alcoholic beverages (3.7%) and health (3.3%). Meanwhile, inflation rose in recreation and culture (3.9% vs 3.4%), education (4.4% vs 4.3%), restaurants and hotels (3.7% vs 3.1%), and miscellaneous goods and services (3.8% vs 3.5%), while deflation eased for clothing and footwear (-2.7% vs -3.2%) and communication (-2.6% vs -5.5%). On a monthly basis, consumer prices fell 0.6%, following a 0.4% decline in the previous month.
2026-02-25
Malta Inflation Eases to 3-Month Low
Malta’s annual inflation rate slowed to 2.4% in December 2025 from 2.5% in the previous month. This also marked the lowest reading since September, mainly driven by ongoing costs deflation for clothing and footwear, which dropped by 3.2%, deepening from a 1.7% fall in November. Prices also declined further for communication (5.5% vs 5%), while inflation softened for restaurants and hotels (3.1% vs 4%). In contrast, costs continued to increase for food and non-alcoholic beverages (3.7% vs 3.4%), furnishings, household equipment and maintenance (2.2% vs 1.2%), and transport (2.7% vs 2.2%). On a monthly basis, consumer prices decreased by 0.4% in December, reversing a 0.7% gain in the preceding period.
2026-01-19
Malta Inflation Rate Steady in November
Malta's annual inflation rate stood at 2.5% in November 2025, unchanged from the previous period. Prices edged up for food and non-alcoholic beverages (3.4% vs 3.3% in October), housing and utilities (1.7% vs 1.6%), alcoholic beverages and tobacco (1.8% vs 1.7%), health (2.9% vs 2.8%), restaurants and hotels (4% vs 3.7%), and recreation and culture (3.6% vs 3.3%). Moreover, deflation softened for clothing and footwear (-1.7% vs -2.9%). On the other hand, costs moderated for transport (2.2% vs 3.2%), furnishings, household equipment and routine household maintenance (1.2% vs 1.3%), and miscellaneous goods and services (3.5% vs 3.8%). In addition, deflation worsened for communication (-5% vs -4%). On a monthly basis, consumer prices rose 0.7% in November, rebounding from a 0.9% fall in the previous month.
2025-12-17