Price index creeps up
The Retail Price Index last month went up to 106.49 from 106.13 in July, the NSO said.
This primarily reflected an increase of 0.96 per cent in the Transport and Communication Index due to seasonally higher airfares.
A similar increase was registered in the Food Index, mainly on account of an upward movement in the price of fish. An increase of 0.18 per cent was registered in the Housing Index, mainly as a consequence of costlier materials for maintenance. A rise in the price of wine caused the Beverages and Tobacco Index to go up by 0.14 per cent. Costlier medical services caused an increase of 0.07 per cent in the Personal Care and Health Index.
The Recreation and Culture Index edged up by 0.06 per cent, mainly on account of higher prices of books and magazines.
Seasonally cheaper garments caused the Clothing and Footwear Index to drop by 1.22 per cent. Lower furniture prices brought about a decrease of 0.83 per cent in the Household Equipment and House Maintenance Cost Index. The Other Goods and Services Index went down by 0.14 per cent, mainly due to a downward movement in the price of jewellery.
In August, the twelve-month moving average rate of inflation stood at 2.28 per cent, whereas the annual rate stood at 2.25 per cent.
Popular Stories
Old buses, drivers to return
Former Judge Ray Pace found dead
Updated: Minister apologises for...
Three new Nationalist MPs elected –...
Where’s Everybody staff is given notice
Updated - Director of Prisons submits...
Update 3 - Woman trapped as car crashes...
Revealed...the face of a Maltese woman...
PL reacts as PN labels Franco Debono's...
In Discussion
Old buses, drivers to return
Updated: Minister apologises for...
PL reacts as PN labels Franco Debono's...
Updated - Director of Prisons submits...
Enemalta seeking minimum five year gas...
Protected birds shot and trapped as...
Mario de Marco, Zammit Dimech concede,...
PN postpones salaries as financial...
Updated - PM's offer to Opposition MPs...
14 Comments
Post comment
Please sign in or create your Account to post comments.
Susan Cassar
Sep 17th 2012, 22:05
Labour has last seriously been in Government in the 80's when it made a mess...all Muscat says has no backing as he hasn't been in power and when they were in power they put Malta back in the 50's...Mintoffeconomics won't work that is all you know how to do...
victor bonello
Sep 17th 2012, 16:15
Gonzi will find this hard to believe- but came all out triumphantly to tell us recession is over.
In my opinion it is still to come, once we find out the real picture of Malta's financial state.
B Ellul
Sep 17th 2012, 16:21
Back to recession if JM is in gov
Nazzareno Cortis
Sep 17th 2012, 17:59
B Ellul------"Back to recession if JM is in gov"------correction------back to recession if (and a great IF) Gonzi PN is re--elected-----PN is known for what they say before elections--and what actually happens after!!!
Susan Cassar
Sep 17th 2012, 15:56
An anual rate of inflation of 2.25% is very low it is normal and certainly No cause for an Alarm...it is below EU average
Paul Preston
Sep 17th 2012, 15:31
One of the other problems that doesn't help peoples Domestic Water and Electric Bills is Standing Charges etc are still in place .. At least the Foreign Beer at around 1/1.25 Euros is very Cheap in most Bars these days compared to the local Cisk which is sadly almost Double the Price .. Not that Cheap Beer is the be all and end all .. But I suppose no matter what it costs it does end up going down the Drains the same way at the end of the day !
K Mizzi
Sep 17th 2012, 13:23
Kollox ghola barra l pagi.
joseph demicoli
Sep 17th 2012, 22:22
kollox ghola barra il-PAGI TAL HADDIEM ghax taghom gholew bejn 500 u 600 Euro
j brincat
Sep 17th 2012, 12:43
Under GonziPN all commodities have crept up! What didn't were the wages/salaries!
(jb)
wendy isaac
Sep 17th 2012, 11:58
Yes i think inflation in Malta is quite high for some of us British pensioners, as a matter of fact taken the exchang rate in consideration, we find that we are cheaper off in the UK, the only think that we are lacking from is the sun and the nice sea other wise Malta is now expensive for most.
Charles Cremona
Sep 17th 2012, 12:30
I agree with you despite what some people here think the UK is now cheaper to live then Malta apart from London that is, however, if it has become too expensive for you to live here than the answer is simple, go back.
J Busuttil
Sep 17th 2012, 13:01
@wendy isaac.
You can always go to the UK for winter and come back to enjoy the sun and sea in the summer. We are always happy to have to back on our islands.
Billie Watson
Sep 17th 2012, 14:02
Re Charlie Cremona t ell us something different my friend, the feedback is always the obvious from you lot.. go back to where U once belonged. thats nothing new Pal. Unless you ofcourse you disagree about your latest inflation figures and as usual Malta is the best and cheapest country to live in, apart that is from the supposedly low tax revenues from us expats which incidently>read my lips if U can (used to be not anymore sunshine) so if you think living in Malta is cheaper living then the UK then you do you're on your own cause many of my Maltese assoicates (wouldn't call'em friends as we British seem to be on your black list) seem to thin the same as we do inflation in Malta is quite high ie., W&E utilties, medication, heating must admit alot of your people walk about with thick coat and fur boots in the winter in their own homes, we are not used to that, we are used to have central heating and all the mod cones. needless to say we are off on the 30th of Sept. back to lovely Blighty. so no need to reply as in good riddens, thats old news. Harry S.Warburton
Freda Harris
Sep 17th 2012, 14:25
I think you might be in for a big surprise if you returned to live in the UK. Prices there have risen dramatically and whilst you might find cheap food in some supermarkets its quality would be questionable. You would find increased taxation and an uncaring public health service which tends to write pensioners off as being past their sell by date.
Possibly your comments arise from a misconception that Brits can live in comfort on just their state pensions plus a little savings in any part of the world. This is not true and the situation will only worsen when the UK is forced to devalue its currency. If you really want cheap living then try Afghanistan were the average annual income is about $400, you would be rich there!
Please choose the reason of your report below: