Malta Producer Prices Fall in December

Producer prices in Malta rose by 1% year-on-year in February 2026, accelerating from an upwardly revised 0.3% increase in the previous month. It marked the highest reading since January 2024, as prices rebounded markedly in intermediate goods (2% vs -0.9% in January), while remaining unchanged for energy (0%). On the other hand, prices moderated for capital goods (3.9% vs 4.3%). In addition, deflation worsened for consumer goods (-0.6% vs -0.2%), particularly in non-durable consumer goods. By territory, price growth for domestic markets eased to 0.9% in February from 1.5% in the prior month, while prices recovered to 1% in non-domestic markets compared with a 0.9% decline. On a monthly basis, producer prices edged up to 0.6% from 0.4% in January.

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.