Malta - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Malta was 115.89 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 115.89 in 2021 and a minimum value of 20.90 in 1960.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 20.90
1961 21.43
1962 21.46
1963 21.86
1964 22.34
1965 22.70
1966 22.82
1967 22.98
1968 23.44
1969 23.99
1970 24.88
1971 25.46
1972 26.32
1973 28.34
1974 30.40
1975 33.07
1976 33.26
1977 36.59
1978 38.32
1979 41.06
1980 47.52
1981 52.99
1982 56.07
1983 55.58
1984 55.33
1985 55.20
1986 56.32
1987 56.57
1988 57.10
1989 57.58
1990 59.30
1991 60.81
1992 61.80
1993 64.36
1994 67.02
1995 69.99
1996 71.42
1997 73.65
1998 75.40
1999 77.01
2000 78.84
2001 81.15
2002 82.92
2003 84.00
2004 86.35
2005 88.95
2006 91.41
2007 92.55
2008 96.50
2009 98.51
2010 100.00
2011 102.96
2012 105.41
2013 106.65
2014 106.98
2015 108.16
2016 108.86
2017 110.34
2018 111.62
2019 113.45
2020 114.18
2021 115.89

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices