Inflation up in March

Inflation up in March

The annual rate of inflation rose to 2.7 per cent in March from 2.5 per cent in February, the NSO said on Tuesday..The 12-month moving average rate for March stood at 2.5 per cent.The largest contribution to the overall annual inflation was in the Food Index (+0.77 percentage points), while the only downward movement was...

Inflation in Malta ticks up in March

According to the latest NSO statistics, inflation in Malta has ticked up in March with the Retail Price Index showing that inflation went up to 2.7% in March from 2.5% in February. Inflation in Europe has kicked upward due to the effects of the war in Iran and the effects are now also reflected in Malta through the inflation readings. Malta’s inflation rate in March has been restrained via energy and fuel subsidies, but food still kicked it high…