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Malta Producer Price Inflation Rises In May

Malta’s producer price inflation rose marginally in May after slowing in the previous month, data from the National Statistics Office showed on Tuesday.

Producer prices rose 1.2 percent year-on-year in May, after a 1.19 percent increase in April.

Prices for intermediate goods grew by 2.06 percent annually in May. Prices of consumer goods and capital goods increased by 1.30 percent and 0.06 percent.

On a monthly basis, producer prices rose 0.38 percent in May, reversing a 0.56 percent fall in the preceding month.

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