Industrial producer prices in Malta fell for a second month in a row in February led by a slump in prices of intermediate goods, preliminary data from the National Statistics Office showed on Thursday.
The producer price index dropped 0.5 percent year-on-year following a 0.9 percent fall in January.
Among the main industrial groupings, intermediate goods prices logged a 3.5 percent decline while prices in the capital as well as consumer goods categories rose 1.4 percent each. Energy sector prices continued to remain unchanged. Domestic producer price inflation accelerated to 0.8 percent from 0.4 percent. Non-domestic producer prices fell 1.7 percent after a 2.2 percent decline in the previous month.
Total producer prices dropped 0.1 percent from January when they edged up 0.1 percent.
For comments and feedback contact: editorial@rttnews.com
Business News
March 28, 2025 11:47 ET Revised growth data for the U.S. economy was the highlight of the week that also had some key reports from other major economies. The fourth quarter growth figures underwent revision in the latest report. Elsewhere, a survey revealed the U.S. consumers’ view on the economy. In mainland Europe, a survey in Germany revealed the business leaders’ assessment of the current situation and their hopes for the future. In other news, inflation data from the U.K. and Australia were in focus.