Inflation Malta 2019

Average inflation: 1.6%

Current Inflation

Inflation is low at 1.6%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in February at 1.9%. The lowest inflation was in December at 1.2%.

Highest month
February: 1.9%
Lowest month
December: 1.2%
Difference
0.7 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 3.6%. The lowest price increase was in Core inflation with an average of 1.3%.

Highest increase
Food: 3.6%
Lowest increase
Core inflation: 1.3%

Historical Context

Current inflation is around the 5-year average of 1.1%.

5-year average
1.1%
10-year average
1.4%
All-time high (2008)
4.2%
All-time low (2014)
0.3%

Trend

Inflation has remained relatively stable. Compared to 2018, the difference is minimal (+0.5 percentage point).

Change vs. previous year
+0.5 percentage points
Largest monthly swing
March: +1.1 percentage points

ECB Target

Inflation is 0.4% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2019

Inflation by category

Food
3.6%
+2.0vs avg.
More details →
Energy
2.5%
+0.9vs avg.
More details →
Core inflation
1.3%
-0.3vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2018
January 1.5% +0.6
February 1.9% +0.9
March 1.9% +1.1
April 1.9% +1.1
May 1.9% +1.0
June 1.9% +0.9
July 1.7% +0.7
August 1.7% +0.6
September 1.4% -0.2
October 1.4% -0.2
November 1.4% -0.2
December 1.2% -0.3
Average 1.6%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also