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Financial News: Malta Producer Price Inflation Rises In May

Malta Producer Price Inflation Rises In May

06/25/2019 - 06:49:00 (RTTNews)

(RTTNews) - 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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