26.02.201909:38:00UTC+00Malta Producer Price Inflation Slows For Second Month

Malta's producer price inflation slowed for the second straight month in January, data from the National Statistics Office showed on Tuesday.

Producer prices climbed 3.64 percent year-on-year in January after a 3.79 percent rise in December. In November, inflation was 3.93 percent.

Price for intermediate goods grew by 8.41 percent annually in January and those of consumer goods rose 0.96 percent.

On a month-on-month basis, producer prices fell 0.07 percent in January, following a 0.33 percent decline in December.

Domestic market producer prices were unchanged from the previous month, while those on the non-domestic market dropped 0.12 percent.