Inflation Malta 2008
Average inflation: 4.2%
Current Inflation
Inflation is high at 4.2%, well above the ECB target.
Peak and Trough
The highest inflation was in October at 5.4%. The lowest inflation was in January at 3.5%.
- Highest month
- October: 5.4%
- Lowest month
- January: 3.5%
- Difference
- 1.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 14.3%. The lowest price increase was in Core inflation with an average of 3.9%.
- Highest increase
- Energy: 14.3%
- Lowest increase
- Core inflation: 3.9%
Historical Context
Current inflation is 1.4% higher than the 5-year average of 2.8%. This approaches the highest level since records began (4.2% in 2008).
- 5-year average
- 2.8%
- 10-year average
- 2.8%
- All-time high (2008)
- 4.2%
- All-time low (2007)
- 1.3%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +2.9 percentage point.
- Change vs. previous year
- +2.9 percentage points
- Largest monthly swing
- May: +4.1 percentage points
ECB Target
Inflation is 2.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 3.5% | +2.1 |
| February | 3.7% | +2.6 |
| March | 3.9% | +3.6 |
| April | 3.5% | +3.6 |
| May | 3.7% | +4.1 |
| June | 4.0% | +4.0 |
| July | 4.8% | +4.1 |
| August | 4.4% | +3.1 |
| September | 4.1% | +2.3 |
| October | 5.4% | +3.1 |
| November | 4.8% | +1.5 |
| December | 4.9% | +1.6 |
| Average | 4.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.