FX.co ★ Malta Inflation Rate Rises to 13-Month High

Malta experienced an uptick in its annual inflation rate, reaching 2.6% in April 2025, up from 2.1% in the previous month. This marks the highest inflation level since March 2024. The primary contributors to this rise were increased costs in food and non-alcoholic beverages, which climbed to 3.9% from 3.2%, and transport, soaring to 5.7% from 3.2%. Additionally, inflation rates accelerated in sectors such as housing and utilities (rising to 0.9% from 0.7%), health (up to 3% from 2.7%), and restaurants and hotels (increasing to 2.9% from 2.4%). On the contrary, there was a decline in prices for categories including clothing and footwear, which decreased by 0.1% compared to a previous rise of 1.8%, communication, which saw a drop to -3.7% from -4.9%, and furnishings, household equipment, and routine household maintenance, which fell to -0.2% from 0.5%. Month-over-month, consumer prices witnessed a significant jump of 3.2% in April, up from a 1.1% increase in March, marking the steepest monthly growth since April 2022.