Cola Increase 2024 Malta. Workers will be receiving a statutory wage increase of €9.90 per week from january, the highest cost of living increase in more than two decades. In 2023 and 2024 it results that the additional cola is €2.91 per week more than the result of the cola mechanism.


Cola Increase 2024 Malta

Wages will increase by a minimum of €12.81 a week to reflect the inflation rate over the past year, thanks to the standardized annual cost of living adjustment. “if the current rate of inflation persists, an increase in cola of €13 for 2024 will definitely have.

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