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Financial News: Malta PPI Inflation Accelerates In June

Malta PPI Inflation Accelerates In June

07/26/2018 - 08:00:00 (RTTNews)

(RTTNews) - Malta's producer price inflation accelerated in June after easing in the previous month, data from the National Statistics Office reported Thursday.

Industrial producer prices climbed 6.29 percent year-over-year in June, faster than the 5.85 percent rise in May.

The acceleration in inflation was mainly driven by a 17.17 percent surge in prices of intermediate goods.

On a monthly basis, producer prices increased 0.44 percent from May, when it gained by 0.28 percent.

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