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Malta's food prices second highest in eurozone
By MaltaMedia News
Jun 3, 2008 - 10:44:20 AM
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Food prices in Malta rose by 9.7% in April 2008, more than twice the inflation rate which during the same month stood at 4.1% in 2007, according to Eurostat.
Malta, therefore, has the second highest rise in food prices in the eurozone with Slovenia’s prices rising by 12.4%. The overall rise in food prices in the eurozone stood at 6.2%.
Oils and fats alone in Malta went up by 15.8% in just a year’s time whilst in other eurozone countries they only went up by 8.3% on average.
Another contrasting anomaly in Malta’s price portfolio is that the prices of vegetables, which in other countries fell, went up by 13.8% registering the highest increase in comparison to all other countries.
© Copyright 2008 by MaltaMedia.com
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Latest update:
Jun 3, 2008 - 1:33:33 PM CET
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