Cost of food in Malta increased 2.30 percent in August of 2020 over the same month in the previous year.
Food Inflation in Malta averaged 2.90 percent from 2011 until 2020, reaching an all time high of 6.80 percent in February of 2012 and a record low of -0.40 percent in September of 2014. This page provides the latest reported value for - Malta Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malta Food Inflation - values, historical data and charts - was last updated on September of 2020.
Food Inflation in Malta is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Malta to stand at 2.80 in 12 months time. In the long-term, the Malta Food Inflation is projected to trend around 2.80 percent in 2021, according to our econometric models.