Producer prices in Malta increased 1.4 percent year-on-year in August of 2019, easing from a downwardly revised 1.6 percent in the previous month. It was the lowest producer inflation since June 2017, as prices slowed for intermediate (1.8 percent vs 2.6 percent in July) and capital goods (1.9 percent vs 2.0 percent). Meanwhile, consumer goods prices advanced faster (1.4 percent vs 1.1 percent) while energy cost remained flat. On a monthly basis, producer prices went down 0.4 percent, after decreasing 0.5 percent in the previous month. Producer Prices Change in Malta averaged -0.40 percent from 2001 until 2019, reaching an all time high of 9.50 percent in October of 2006 and a record low of -9.70 percent in October of 2007.
Producer Prices Change in Malta is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Malta to stand at 1.90 in 12 months time. In the long-term, the Malta Producer Prices Change is projected to trend around 2.00 percent in 2020, according to our econometric models.