Inflation down to 0.04 per cent in March, prices stall

Inflation down to 0.04 per cent in March, prices stall

 

Compared to February, food and non-food goods prices decreased by 0.1 per cent and service rates went up by 0.5 per cent compared to February, according to INS.

The inflation rate in March was 0.04 per cent compared to February, after a rise of service tariffs and slight decrease of the prices of food and non-food goods, taking the annual rate to 5.25 per cent, according to a National Statistics Institute (INS) press release. In March, the price of food and non-food goods decrease by 0.1 per cent compared to the previous month and the tariffs of services went up by 0.5 per cent.  In the food category, the most important price decrease was registered for eggs, by almost 10 per cent, and the biggest price rise – 1.2 per cent was registered for beer. In what regards services, the evolution of tariffs was influenced by a 4 per cent decrease in the railway transport. In the first three months of the year, the highest price rise was registered for vegetables – by over 11 per cent, especially potatoes – 13.64 per cent, beans – 6.80 per cent, fresh fruits – 5.94 per cent.