Malta Producer Prices Rise to 18-Month High

Producer prices in Malta fell 0.1% year-on-year in December 2025, marking the first decline in seven months after a 0.5% rise in November. Intermediate goods saw the largest drop (-2.4%), while capital goods prices rose 4.9%, and energy and consumer goods remained unchanged. On the domestic market, prices increased 0.6%, whereas non-domestic prices declined 0.7%. Compared with November, the overall PPI fell 0.5%.

Malta’s producer prices rose by 0.5% year-on-year in November 2025, slowing from an eighteen-month high of 0.7% in the previous month. The main downward pressure came from ongoing producer deflation in intermediate goods (-1.1% vs -0.9% in October). Additionally, costs increased at a slower pace for capital goods (4.8% vs 5%) and consumer goods (0.6% vs 0.8%), particularly for non-durable consumer goods (0.7% vs 0.9%). By territory, price growth for domestic markets remained unchanged (at 0.6%), while it softened for non-domestic goods (0.4% vs 0.8%). On a monthly basis, producer prices increased by 0.2% in November, marking the slowest rise since June and easing from a 0.4% gain in the preceding period.

Malta’s producer prices edged up by 0.7% year-on-year in October 2025, following a 0.1% rise in the previous month. Deflation continued for intermediate goods (-0.9% vs -2.9% in September), albeit at a slower pace. Costs in the capital goods remained unchanged (at 5%). Meanwhile, prices edged down for consumer goods (0.8% vs 1.2%), particularly for non-durable goods (0.9% vs 1.2%). On a monthly basis, producer prices rose 0.4% in September, easing from a 0.6% rise in the preceding period.