Malta’s EU measure of inflation increased in May, data from the National Statistics Office showed on Thursday.

The EU measure of harmonized index of consumer prices, or HICP, rose 0.2 percent year-on-year in May, following a 0.1 percent increase in April.

Education cost gained 15.6 percent yearly in May and prices for clothing and footwear grew 1.9 percent.

Prices for food and non-alcoholic beverages, recreation and culture, and miscellaneous goods and services rose by 1.5 percent, each.

On a monthly basis, the HICP grew 1.3 percent in May.

The material has been provided by InstaForex Company – www.instaforex.com

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