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Food Prices Higher Due To Dairy Products

Food Prices Higher Due To Dairy Products
Jul 19 2023 Share

In June, the annual inflation rate experienced a slight decrease to 6.3%, the NSO revealed. However, food prices were driven higher due to an increase in the cost of dairy products.

The Harmonised Index of Consumer Prices, which measures the annual inflation rate, recorded a decline from the 6.3% reported in May.

According to the National Statistics Office, the highest inflation rates in June were observed in food and non-alcoholic beverages, standing at 11.8%, and housing, water, electricity, gas, and other fuels, at 7.6%.

Among these categories, food experienced the largest increase, with a rise of 1.99 percentage points. Malta Dairy Products announced a price hike during June, citing the inability to absorb the ongoing rise in production and operational costs. This marked the first increase in the cost of Benna’s fresh milk in four years.

The second most significant impact on inflation was seen in the restaurants and hotels index, which rose by 1.24 percentage points, primarily driven by higher restaurant prices.

Housing, water, electricity, gas, and other fuels increased by 0.73 percentage points, mainly due to higher costs of house maintenance services.

On the other hand, the lowest annual inflation rates were observed in clothing and footwear (0.5%) and communication (1%).

No downward impacts on annual inflation were recorded.

In June, Malta’s Harmonised Index of Consumer Prices indicated an annual rate of change of 6.2%, which was 0.7 percentage points higher than the rate in the euro area.

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Compensate For Summer Power Cuts Says Jason Micallef

Compensate For Summer Power Cuts Says Jason Micallef
Jul 19 2023 Share

Following the extremely extended power outages in various Maltese localities, Jason Micallef took to Facebook to suggest compensation for those who experienced the power cuts. 

‘I understand that situations like these, occur from time to time, and I praise the Enemalta workers for the efforts they make in the face of such challenges.’

‘On the other hand, the time has come to address such situations, wherein thousands had their electrical provisions cut off day and night over a period of two days, and have Enemalta compensating its clients with a discount on their first electric bill.’ 

Micallef wrote that in extreme cases such as these, statements and apologies from Enemalta are not enough. 

‘We have to understand that there would have been hundreds who lost food and/or frozen goods which could have cost massive amounts’. 

#MaltaDaily 

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Full House At Fosos As Isle Of MTV Lights Up Malta

Full House At Fosos As Isle Of MTV Lights Up Malta
Jul 19 2023 Share

MTV took over Malta’s iconic Il-Fosos Square tonight as part of the annual Isle of MTV Malta festival. Tens of thousands of people were treated to performances from co-headliners OneRepublic and Alesso, Tom Grennan, Mimi Webb and special guest Delta Goodrem. Local stars The Busker and Kevin Paul also performed.

GRAMMY-nominated band OneRepublic had the crowd singing along to their smash hits “Apologize”, “Runaway” and “I Ain’t Worried”, before covering the crowd with confetti during the iconic “Counting Stars”.

Multi-platinum producer and DJ sensation Alesso delivered a high energy, special-effects spectacle incorporating several of his global dance anthems, including “Calling (Lose My Mind)”, “If I Lose Myself” and upcoming single “Call Your Name”, which features John Newman.

Singer-songwriter Tom Grennan brought his smooth vocals to the perfect sundown setlist with his hits “Found What I’ve Been Looking For”, “How Does It Feel” and “Little Bit of Love”.

Just before, musical powerhouse Mimi Webb got the whole square dancing with her tracks “House on Fire” and “Red Flags”.

A guest appearance from Delta Goodrem saw the Aussie singer bring her greatest hits to the Isle of MTV Stage, such as “Innocent Eyes”, “Lost Without you” and she debuted her new single “Back To Your Heart”.

 

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Maltese fans were excited to also see island superstars The Busker and Kevin Paul kick-off the party earlier in the evening.

As Europe’s largest free festival, Isle of MTV Malta is run in partnership with the Malta Tourism Authority. The show gives fans the chance to witness show-stopping

performances from some of the world’s biggest stars, with previous performers having included Lady Gaga, Snoop Dogg, David Guetta and Martin Garrix.

The event will broadcast on MTV internationally on 15th September 2023 in more than 150 countries, showcasing the festival and Malta to millions of music fans around the world. The show also streamed live on Pluto TV in select international markets and will be available on-demand on Paramount+ later this year.

The festival is followed by Isle of MTV Malta Music Week, a series of club nights and parties across the hottest venues on the island, running until 23rd July.

Fans who are already excited for next year’s Isle of MTV Malta can follow @IsleOfMTV on Facebook, Instagram, Twitter and TikTok.

#MaltaDaily

MP Rebekah Borg Celebrates the Arrival of Baby Elizabeth Hazel

Jul 19 2023 Share

In a heartwarming social media post, Nationalist Part Member of Parliament, Rebekah Borg, shared the delightful news of the birth of her baby girl, Elizabeth Hazel.

The announcement, made on Facebook, brought joy to her followers and well-wishers, as they celebrated this precious moment with the proud parents.

With a beaming smile and a caption that read, “Welcome to the world baby Elizabeth Hazel,” Rebekah Borg shared the joyous news of her daughter’s arrival. The post further reassured everyone that both mother and baby were in good health, and father Jurgen was equally overjoyed. The grateful family expressed their deep appreciation to God for this miraculous blessing.

In celebrating this momentous occasion, we extend our warmest congratulations and heartfelt blessings.

#MaltaDaily