Malta’s annual inflation rate stood at 2.3% in March 2026, unchanged from the previous two months. It remained the lowest reading since March 2025, as prices were steady for health (3.3%), while costs increased for housing and utilities (2.4% vs 1.7% in February), furnishings and household equipment (2.4% vs 1.6%), recreation and culture (4.6% vs 4.1%), and restaurants and hotels (3.9% vs 3.6%). At the same time, deflation slowed for information and communication (-3.6% vs -4.1%) and insurance and financial services (-0.3% vs -1.1%). Meanwhile, costs decreased for food and alcoholic beverages (3.2% vs 3.5%), transportation (2% vs 2.1%), education (3.6% vs 4.4%), and miscellaneous goods and services (3.6% vs 3.9%). On a monthly basis, consumer prices rose by 1.2% in March, following a 0.4% growth in the preceding period. source: National Statistics Office, Malta

Inflation Rate in Malta remained unchanged at 2.30 percent in March. 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 April of 2026.

Inflation Rate in Malta remained unchanged at 2.30 percent in March. Inflation Rate in Malta is expected to be 3.20 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 2.40 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-18 10:00 AM
Inflation Rate YoY
Feb 2.3% 2.3% 2.2%
2026-04-16 09:00 AM
Inflation Rate YoY
Mar 2.3% 2.3% 2.7%
2026-05-20 09:00 AM
Inflation Rate YoY
Apr 2.3%


Related Last Previous Unit Reference
Retail Price Index 122.74 122.40 points Feb 2026
CPI Housing Utilities 102.01 101.31 points Mar 2026
CPI Transportation 98.72 98.38 points Mar 2026
GDP Deflator 121.69 120.75 points Dec 2025
Harmonised Consumer Prices 99.01 97.83 points Mar 2026
Harmonised Inflation Rate MoM 1.20 0.40 percent Mar 2026
Harmonised Inflation Rate YoY 2.30 2.30 percent Mar 2026
Inflation Rate YoY 2.30 2.30 percent Mar 2026
Inflation Rate MoM 1.20 0.40 percent Mar 2026
Producer Prices 109.55 108.91 points Feb 2026
PPI YoY 1.00 0.30 percent Feb 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 2.30 7.40 -1.08 1997 - 2026 percent Monthly
2015=100, NSA

News Stream
Malta Inflation Rate Unchanged in March
Malta’s annual inflation rate stood at 2.3% in March 2026, unchanged from the previous two months. It remained the lowest reading since March 2025, as prices were steady for health (3.3%), while costs increased for housing and utilities (2.4% vs 1.7% in February), furnishings and household equipment (2.4% vs 1.6%), recreation and culture (4.6% vs 4.1%), and restaurants and hotels (3.9% vs 3.6%). At the same time, deflation slowed for information and communication (-3.6% vs -4.1%) and insurance and financial services (-0.3% vs -1.1%). Meanwhile, costs decreased for food and alcoholic beverages (3.2% vs 3.5%), transportation (2% vs 2.1%), education (3.6% vs 4.4%), and miscellaneous goods and services (3.6% vs 3.9%). On a monthly basis, consumer prices rose by 1.2% in March, following a 0.4% growth in the preceding period.
2026-04-16
Malta Inflation Rate Unchanged in February
Malta's annual inflation rate stood at 2.3% in February 2026, unchanged from the previous month. It remained the lowest reading since March 2025, as prices were stable for housing and utilities (1.7%), health (3.3%), and education (4.4%). In addition, costs edged lower for food and non-alcoholic beverages (3.5% vs 3.7%), furnishings, household equipment, and routine household maintenance (1.6% vs 1.8%), and restaurants and accommodation services (3.6% vs 3.7%), while deflation worsened for information and communication (-4.1% vs -2.6%) and insurance and financial services (-1.1% vs -0.7%). In contrast, prices accelerated for transport (2.1% vs 1.6%), recreation, sport, and culture (4.1% vs 3.9%), and personal care, social protection, and miscellaneous goods and services (3.9% vs 3.8%). Deflation softened for clothing and footwear (-2.1% vs -2.7%). On a monthly basis, consumer prices rose 0.4%, rebounding from 0.6% in January and marking the first increase in three months.
2026-03-18
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