Inflation rate up in January

26th February 2020

The cost of food items, mainly higher milk prices, had the biggest impact on the annual inflation rate

The annual rate of inflation as measured by the Retail price Index stood at 1.34 per cent in January, up from 1.18 per cent the previous month.

Figures released by the National Office of Statistics show that the highest annual inflation rates last month were noted in housing(2.28 per cent) and food (2.12 per cent) and the lowest in water, electricity, gas and fuels (0.03 per cent) as well as the household equipment and house maintenance costs (0.18 per cent).

However, in terms of impact on the annual inflation rate, the food index topped the list of the 10 main groups. It was followed by the recreation and culture index and the transport and communication index, mainly because it became more expensive to hire premises for private events and to purchase fuel.


26th February 2020

He was just 59 years old

Bureau CEO Joe Tanti points out that the Maltese economy and businesses have much to gain or lose from the outcome of talks between Brussels and London.

25th February 2020

The Malta Gaming Authority has cancelled the gaming licence it had awarded to Dorobet Ltd, based in St Julian’s

24th February 2020

Joe Bartolo, a prominent campaigner in the fight against poverty and a keen promoter of social housing, died on Sunday aged 69.