Malta Producer Inflation Highest since Oct 2023

Producer prices in Malta rose 1.4% year-on-year in May 2026, the highest since October 2023, following a 0.9% increase in April. Inflation accelerated for capital goods (5.1% vs 3.2% in April), and intermediate goods (2.9% vs 2%). On the other hand, a decline of 0.6% was registered in consumer goods. No price change occurred in the energy sector. Non-domestic prices increased by 1.9%. The prices of goods destined for the Euro Area went up by 3.5%, while those destined for the non-Euro Area increased by 0.6%. On a monthly basis, producer prices increased 0.2%.

Producer prices in Malta rose 0.9% year-on-year in April 2026, matching the pace recorded in March. Inflation accelerated for intermediate goods (2.0% versus 1.6%), while easing for capital goods (3.2% versus 4.0%). At the same time, deflation in consumer goods deepened slightly (-0.6% versus -0.5%), with durable goods prices rising by 0.1% and non-durable goods deflation increased (-0.6% versus -0.5%). Energy costs remained unchanged at 0%. By territory, producer inflation softened for both domestic markets (1.3% versus 1.5%) and non-domestic markets (0.4% versus 0.5%). On a monthly basis, producer prices remained unchanged in April, following a 0.3% decline in March.

Producer prices in Malta rose 0.9% year-on-year in March 2026, easing slightly from a 1% increase in the previous month. Price growth moderated for intermediate goods (1.6% vs 2.1% in February), while consumer goods prices remained in deflationary territory, though at a softer pace (-0.5% vs -0.6%). Meanwhile, energy costs remained unchanged (0%). At the same time, inflation for capital goods rose to 4.2% from 3.9% in the previous month. By territory, producer price growth slowed in non-domestic markets (0.5% vs 1.1%), while it picked up in domestic markets (1.3% vs 0.9%). On a monthly basis, producer prices fell 0.3% in March, reversing from a 0.6% increase in the preceding period.