Food prices push April inflation to 2.4%

Food prices push April inflation to 2.4%

Malta’s annual inflation rate climbed to 2.4 per cent in April 2025, up from 2.1 per cent in March, driven largely by rising food prices and costlier services, the National Statistics Office said on Thursday.The Retail Price Index (RPI), which tracks the cost of a fixed basket of goods and services, showed that the biggest...

It has already become more expensive to fill up the shopping basket. Since last year, food prices have risen by 4 percent, and if we look back four years, they have risen by a full 27 percent, which is far more than general inflation. - If companies' expectations come true, it points to even higher prices. In fact, there is nothing really pointing to lower prices if you were hoping that they would come down, he adds. Beef and coffee are rising i…