About This Statistic
The statistic shows the inflation rate in the Euro area countries in December 2016. Inflation or currency devaluation (drop in the value of money), is characterized by a steady rise in the prices of finished products (consumer goods, capital goods). The consumer price index tracks price trends of private consumption expenditure, and shows an increase in the index's current level of inflation. In December 2016, the inflation rate in Malta was at 1 percent compared to the same month of the previous year.