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Inflation slows to 3.3% in March to lows for a year and a half

With this advance data on the interannual inflation rate, 2.

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Inflation slows to 3.3% in March to lows for a year and a half

With this advance data on the interannual inflation rate, 2.7 points below that of February, consumer prices have remained at their lowest since August 2021 due to the drop in electricity and fuel compared to the same month in 2022. Advance data will not be confirmed until April 14, and may suffer small upward or downward changes.

Last month, inflation rose by one tenth, to 6% year-on-year, due to the abrupt rise in electricity and food prices after Russia's invasion of Ukraine.

Subjacent inflation, which does not include the more volatile evolution of unprocessed food or energy products, falls just one tenth, to 7.5%.

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