Price Watch
What is www.pricewatch.org.mt ? 'Price Watch' is a public domain site managed and supported by the Euro Observatory (Ministry of Finance) and Consumer and Competition Division (Ministry of Competitiveness and Communications). The aim of the site is to...
What is www.pricewatch.org.mt ?
'Price Watch' is a public domain site managed and supported by the Euro Observatory (Ministry of Finance) and Consumer and Competition Division (Ministry of Competitiveness and Communications).
The aim of the site is to provide consumers with the ability to post price rise complaints and track their progress, as well as a reference point for all products secured under price stability agreements for the period October 2007 until this month.
This website is solely intended to monitor price movement over the euro changeover period in line with the remit given by law to the Euro Observatory. Through a detailed analysis, a product basket of frequently purchased products has been established and the prices of such products are regularly monitored.
The exercise moves away from an attempt to measure inflation. Inflation is assessed through the HICP (Household Index of Consumer Prices) and the RPI (Retail Price Index) published monthly by the National Statistics Office.