Malta’s annual inflation rate rose to 2.4% in September 2026 from 2.0% in the previous month. This marked the highest reading since April, as price growth accelerated in food and non-alcoholic beverages (2.5% vs 1.6% in August), clothing and footwear (2.2% vs 1.6%), housing and utilities (3.4% vs 3.1%), transportation (2.9% vs 2.3%), health (2.9% vs 2.8%), recreation and culture (3.6% vs 3.2%), restaurants and hotels (3.5% vs 2.9%), and insurance and financial services (0.8% vs 0.7%). In contrast, inflation eased in furnishings and household equipment (0.8% vs 1.1%) and miscellaneous goods and services (3.6% vs 3.7%), while deflation deepened in information and communication (-3.7% vs -3.4%). Inflation remained unchanged for alcoholic beverages and tobacco (at 1.8%) and education (at 3.2%). On a monthly basis, consumer prices fell 0.9% in September, reversing a 0.6% increase in the previous month. source: National Statistics Office, Malta

Inflation Rate in Malta increased to 2.40 percent in September from 2 percent in August of 2026. Inflation Rate in Malta averaged 2.38 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 November of 2026.

Inflation Rate in Malta increased to 2.40 percent in September from 2 percent in August of 2026. Inflation Rate in Malta is expected to be 2.90 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 2.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-17 09:00 AM
Inflation Rate YoY
Aug 2.0% 2.1% 1.9%
2026-10-16 09:00 AM
Inflation Rate YoY
Sep 2.4% 2.0% 2.5%
2026-11-18 10:00 AM
Inflation Rate YoY
Oct 2.4% 2.3%


Related Last Previous Unit Reference
Retail Price Index 105.08 106.03 points Sep 2026
CPI Housing Utilities 103.31 102.87 points Sep 2026
CPI Transportation 104.31 106.22 points Sep 2026
GDP Deflator 125.36 125.36 points Jun 2026
Harmonised Inflation Rate MoM -0.90 0.60 percent Sep 2026
Inflation Rate YoY 2.40 2.00 percent Sep 2026
Inflation Rate MoM -0.90 0.60 percent Sep 2026
Producer Prices 110.20 110.27 points Sep 2026
PPI YoY 1.60 2.30 percent Sep 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
2.40 2.00 7.40 -1.08 1997 - 2026 percent Monthly
2015=100, NSA

News Stream
Malta Inflation Rises to 5-Month High
Malta’s annual inflation rate rose to 2.4% in September 2026 from 2.0% in the previous month. This marked the highest reading since April, as price growth accelerated in food and non-alcoholic beverages (2.5% vs 1.6% in August), clothing and footwear (2.2% vs 1.6%), housing and utilities (3.4% vs 3.1%), transportation (2.9% vs 2.3%), health (2.9% vs 2.8%), recreation and culture (3.6% vs 3.2%), restaurants and hotels (3.5% vs 2.9%), and insurance and financial services (0.8% vs 0.7%). In contrast, inflation eased in furnishings and household equipment (0.8% vs 1.1%) and miscellaneous goods and services (3.6% vs 3.7%), while deflation deepened in information and communication (-3.7% vs -3.4%). Inflation remained unchanged for alcoholic beverages and tobacco (at 1.8%) and education (at 3.2%). On a monthly basis, consumer prices fell 0.9% in September, reversing a 0.6% increase in the previous month.
2026-10-16
Malta Inflation Edges Down in August
Malta’s annual inflation rate edged down to 2.0% in August 2026 from 2.1% in the previous month. Prices increased at a softer pace in food and non-alcoholic beverages (1.6% vs 1.7% in July), furnishings and household equipment (1.1% vs 2.9%), restaurants and hotels (2.9% vs 3.3%), and insurance and financial services (0.7% vs 1.0%), while they remained unchanged for alcoholic beverages and tobacco (1.8%), health (2.8%), recreation and culture (3.2%), education (3.2%), and miscellaneous goods and services (3.7%). Costs in information and communication (-3.4% vs -1.6%) also declined further. Meanwhile, prices rebounded in clothing and footwear (1.6% vs -3.6%), while they continued to increase in transportation (2.3% vs 1.9%) and housing and utilities (3.1% vs 3.0%). On a monthly basis, consumer prices rose 0.6% in August, following a 0.5% increase in the previous month.
2026-09-17
Malta Inflation Edges Higher in July
Malta’s annual inflation rate edged up to 2.1% in July 2026, following a more than one-year low of 2.0% in the previous month. Prices increased at a faster pace in restaurants and hotels (3.3% vs 3.0% in June), alcoholic beverages and tobacco (1.8% vs 1.6%), housing and utilities (3.0% vs 2.8%), furnishings and household equipment (2.9% vs 2.6%), insurance and financial services (1.0% vs 0.3%), and miscellaneous goods and services (3.7% vs 2.9%). Deflation also eased for clothing and footwear (-3.6% vs -3.9%). Meanwhile, price growth slowed for food and non-alcoholic beverages (1.7% vs 1.8%), transportation (1.9% vs 2.6%), health (2.8% vs 3.0%), and recreation and culture (3.2% vs 3.4%), while it remained steady for education (at 3.2%). On a monthly basis, consumer prices rose 0.5% in July, following a 1.1% increase in the previous month.
2026-08-19