The Malta Independent 31 August 2026, Monday
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Inflation rate in May 2015 is lowest one registered in 20 years - government

Monday, 15 June 2015, 17:54 Last update: about 12 years ago

In May 2015, the rate of inflation stood at 0.8% - one of the lowest rates registered by the National Statistics Office in twenty years.

In a statement, the government said that during the previous administration, the average rate of inflation stood at 2.8% - that is four times as much that registered last month. In the last year of Nationalist Administration, the inflation rate reached 3.2%.

The index prices for water, electiricy, gas and fuel went up by 8% between March 2008 and March 2013. During the current legislature, this decreased by 8%, and families are facing less struggles to make end meets.

According to European Commission servey, the number of people who regard inflation as the largest problem hs now decreased by half.

 

 

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