The consumer price index in March 2024 compared to February 2024 is 0.4%.
The inflation rate since the beginning of the year (March 2024 compared to December 2023) is 2.4%
Services prices grew by 10.2%, food prices by 2.8%, while prices of non-food items were 8% higher in March 2024 compared to March 2023.
During the same period, the highest food prices were recorded by canned fruit (12%), beef and beer (10%), fish (8%), wine (8%), fruit (7%), cacao and coffee (8%). At the opposite end of the scale, the biggest price drops were recorded by flour and maize flour (30%), edible oil (25%) and butter (13%).
In March 2024 compared with March 2023, the highest price hikes in non-food items were recorded by detergents (+24%), cosmetic items and medicines (+13%), books, newspapers and magazines (+12%), and footwear (+10%).
In terms of services, the highest price increases were recorded by postal services (+27%), water supply, sewage collection and sanitation (+16%), medical care (+13%) and plane tickets (12%).
The average rate of change in consumer prices over the last 12 months (April 2023-March 2024) as compared to the previous 12 months (April 2022-March 2023) is 8.5%.
The Harmonized Index of Consumer Prices in March 2024 compared to February 2024 is 0.4%.
The HICP-based annual inflation rate in March 2024 compared to March 2023 is 6.7%.
The HICP-based average rate of change in consumer prices over the last 12 months (April 2023-March 2024) as compared to the previous 12 months (April 2022-March 2023) is 8.3%.