Malta's consumer prices fell 0.6% month-on-month in January 2026, following a 0.4% decline in the previous month. Inflation Rate MoM in Malta averaged 0.21 percent from 1996 until 2026, reaching an all time high of 4.20 percent in April of 2004 and a record low of -4.00 percent in November of 2004. source: National Statistics Office, Malta

Components	Last	Previous	Unit	Reference
Harmonised Inflation Rate MoM	-0.40	-0.40	percent	Jan 2026

Related	Last	Previous	Unit	Reference
Retail Price Index	123.43	123.93	points	Dec 2025
CPI Housing Utilities	130.96	130.91	points	Dec 2025
CPI Transportation	116.54	116.82	points	Dec 2025
GDP Deflator	120.60	119.71	points	Sep 2025
Harmonised Consumer Prices	97.47	98.04	points	Jan 2026
Harmonised Inflation Rate YoY	2.50	2.50	percent	Jan 2026
Inflation Rate YoY	2.30	2.50	percent	Jan 2026
Inflation Rate MoM	-0.60	-0.40	percent	Jan 2026
Producer Prices	108.30	108.83	points	Dec 2025
PPI YoY	0.10	0.10	percent	Jan 2026