VALLETTA (MALTA) (ITALPRESS/MNA) – Inflation across the euro area rose to 2.5% in March, up from 1.9% in February, according to the latest Eurostat estimates, highlighting renewed price pressures across Europe.
The increase was largely driven by a sharp rebound in energy prices, which surged from -3.1% to 4.9%, pushing overall inflation higher.
In contrast, other components showed signs of easing. Services inflation edged down to 3.2%, while prices for food, drink and tobacco fell to 2.4%.
Malta, however, recorded a more moderate inflation rate of 2.3% in March, placing it below the eurozone average.
Compared with other European countries, Malta ranks among those with the lowest inflation, holding the fifth-lowest rate overall.
Its inflation level remains below that of countries such as Croatia and Lithuania, where rates exceed 4%, but slightly above France and Italy, where inflation is closer to or below 2%.
The data also indicate that Malta has avoided the sharp energy-driven spikes seen elsewhere in Europe, helping to keep overall price growth relatively stable.
Despite rising inflation across the euro area, Malta’s more contained price pressures suggest a comparatively moderate impact on consumers.
The figures underscore Malta’s relatively resilient position, even as broader European markets face renewed inflationary strain.
– photo IPA Agency –
(ITALPRESS).
