The cost of living in Malta in June 2012 rose by 4.4% since June 2011 while in the rest of the countries in the euro area it rose by 2.4% On 16 July 2012 the European Central Bank published the annual consumer price inflation rate, the percentage change in consumer prices from June 2011 for the euro area and the euro area countries. All the other euro countries had lower inflation rate to Malta, except Estonia which had a similar rate of 4.4%.
Quoting the Eurostat HICP website, the European Central Bank said that since June 2011 the prices of food and non-alcoholic beverages in Malta rose by 5.4% - the highest in the euro area, where the average percentage change was half that of Malta – 2.8%.
Since June 2011 the prices of food in Malta rose by 5.5% while in the euro area they rose by 2.7%. The price of meat rose by 4.9% in Malta and in the euro area it rose by 2.7%.
The highest rise in Malta was the price of fish which rose by 34.2% compared to the rise of 2.7% in the euro area. The price of fruit in Malta rose by 10.9%; more than double that of the euro area which rose by 4.2%.
The prices of sugar, jam, honey, chocolate and confectionery in Malta rose by 5.4% while in the euro area they rose by 3.4%.
The prices of coffee, tea and cocoa in Malta since June 2011 rose by 6% while in the euro area they rose by 4.9%.
View the whole European Central Bank report: