FX.co ★ Malta Producer Deflation Slows in May

In May 2025, Malta experienced a 0.4% decrease in producer prices compared to the same period the previous year, marking a moderation from the 0.6% decline observed in April. Although this marked the fifth consecutive month of declining prices, the rate of decline has slowed, largely due to a reduced fall in intermediate goods, which went from a 5% decrease in April to a 3.6% drop. Conversely, there was a continued rise in costs for capital goods, albeit at a reduced rate of 0.7%, down from 2.5% the previous month. Producer inflation for consumer goods, including non-durable goods, remained stable at 2% and 2.2% respectively. On a month-to-month basis, producer prices fell by 0.5% in May, in contrast to the 0.2% increase noted in the previous period.