Malta’s producer prices rose by 0.5% year-on-year in November 2025, slowing from an eighteen-month high of 0.7% in the previous month. The main downward pressure came from ongoing producer deflation in intermediate goods (-1.1% vs -0.9% in October). Additionally, costs increased at a slower pace for capital goods (4.8% vs 5%) and consumer goods (0.6% vs 0.8%), particularly for non-durable consumer goods (0.7% vs 0.9%). By territory, price growth for domestic markets remained unchanged (at 0.6%), while it softened for non-domestic goods (0.4% vs 0.8%). On a monthly basis, producer prices increased by 0.2% in November, marking the slowest rise since June and easing from a 0.4% gain in the preceding period.