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Inflation rises for first
time in 20 months
Maltas rate of inflation in November rose slightly
to 1.13 from Octobers 1.05 per cent. Last months increase
in inflation was the first the country witnessed since March of last
year.
In related news, Maltas Retail Prices Index declined minimally
by 0.16 per cent to 101.75 from 101.91 in the previous month.
The Foods items index decreased by 0.95 per cent in October as a result
of average price decreases in respect of fresh and preserved fish, potatoes,
vegetables and served meals.
The highest climber was the Clothing and Footwear index, which went
up by 3.70 per cent. Average price increases were recorded in Men's
and in Women's outer clothing, Boy's and girl's outer clothing and Women's
Footwear.
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