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Financial News: Malta HICP Inflation Steady For Second Month

Malta HICP Inflation Steady For Second Month

10/11/2017 - 05:45:00 (RTTNews)

(RTTNews) - Malta's EU measure of inflation held steady for the second straight month in September, figures from the National Institute of Statistics showed Wednesday.

The harmonized index of consumer prices, or HICP, climbed 1.2 percent year-over-year in September, the same rate of rise as in August.

Prices of food and non-alcoholic beverages grew 1.8 percent annually in September and transport costs went up by 1.5 percent.

At the same time, clothing and footwear prices registered a decline of 3.9 percent.

Month-on-month, consumer prices increased 0.5 percent at the end of the third quarter.

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