Malta has the lowest inflation in eurozone
Malta registered the lowest rate of inflation in the euro area in December, according to data issued by Eurostat.
The EU’s statistics office said the island’s inflation stood at 1.3 per cent, 1.4 per cent below the average in the 17-member eurozone.
The rate of inflation in December was, in fact, the lowest registered in Malta for the year, after the island registered a significant four per cent inflation in 2010.
Across the EU, the lowest annual rate of inflation last month was seen in Sweden (0.4 per cent) and Malta and Bulgaria (two per cent), while the highest was in Slovakia (4.6 per cent), Poland (4.5 per cent) and Cyprus (4.2 per cent).
Fuel used for transport, heating oil and gas and electricity once again had the largest upwards impact on the EU’s inflation rate.
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Rich Brad saunders
Jan 23rd, 23:52
Lowest inflation in eurozone>says who? I can asure you Malta's inflation is not the lowest for the measly salaries or wages some Maltese people earn. a poor show indeed.
Billie Watson
Jan 23rd, 13:49
Did i read Malta has the lowest inflation in eurozoen, where and wherever do they get these results from i wonder, we are not Maltase, however we do live in Gozo, and i can asure you the cost of living here in Gozo is higher then i have ever known it in my country, ie an example weekly shopping for food this includes imported food from say the UK is double the price of a maltese supermarket, how on earth do some people with a young family live i'll never know, wages being as low as they are on the islands and the price of weekly shopping is way over the budget & beyond a joke, surely some of you guys can see that,. another example is internet broadband, petrol, perisable items, clothing, come on , play the whiteman's game and give us the real survey in maltese inflation being as the lowest, i just do not believe it for one minute, and maybe some> wise crack <will say to us then what are you doing here, my answer to that would be>>we are not of working class our money comes from abroad and i can asure you its treable to what your pensions or whatever are over here, in other words we can just about afford your prices, but we are just concerned about the ordinary Maltese person in the street thats all, no more and no less. Take Lidl's supermarket they jnknow ther ropes and their p[rices are a damn sight cheaper thnen most shnops and supermarkets, but some of you are more concerned about your envirement then the youynger generation of this country who a job to make ends meet. Havea nice day
Peter Murray
Jan 23rd, 16:12
We live in a world of very high spin-cycles and niot just on washing machines. For we can get to reveal figures indicating anything we want them to provide-and all without the need to qualify or quantify such.This is where Peter Pan lives ...so welcome to never-never (had it so good) land
Steve Schembri
Jan 23rd, 11:03
WOW.
Greece also said that the island was well and good before entering the euro zone but you can see for yourself in what situation they are now. I just wonder!!!!!!!!!! I hope they aren't hiding anything under there cloaks, because sleeves can be a bit tight.
Steve Schembri
Jan 23rd, 11:02
WOW.
Greece also said that the island was well and good before entering the euro zone but you can see for yourself in what situation they are know. I just wonder!!!!!!!!!! I hope they aren't hiding anything under there cloaks, because sleeves can be a bit tight.
J Craig
Jan 23rd, 10:21
An excellent certificate for Lawrence Gonzi...something Labour always hides.
Peter Murray
Jan 23rd, 10:49
Yeah,along with the lowest growth-something EVERYBODY hides.