Eating out and hotel accommodation amount to a fifth of what families spend, the highest rate in Europe, according to the latest figures.

Eurostat data showed that last year 20% of families’ expenses consisted of meals at restaurants and hotel stays. This was slightly higher than the 19% registered in the previous year.

Cyprus and Spain were the closest biggest spenders in the two categories – 17.5% and 16.8% respectively – followed by Greece and Ireland. The EU average stood at 8.8%.

Eurostat also reported that 12% of Maltese families’ expenditure went into food and non-alcoholic beverages and a tenth of what they spent was connected to recreational and cultural activities.

Ironically, families spent the same kind of money on alcoholic beverage and health-related costs – 3.9% of their total expenditure. Buying clothing and foot-wear amounted to 4.7% of expenses and almost 12% of families’ expenses consisted of transport costs.

Eurostat figures released about two months ago showed that food and non-alcoholic drink prices in Malta had increased by almost 70% since 2000. This was the ninth highest increase within the EU and well above the European average of 43.3%.

It had also reported that goods and services prices rose by 41.2% in Malta between 2000 and 2017. Within the EU, these prices went up by 36% overall.

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.