A The inflation rate in the euro area will slow more than 2.2 % in MarchAccording to Rapid appreciation From Eurostat this Tuesday. This was the second consecutive month of the slowdown of inflation between individual currency countries and is explained above all about the prices of services, which was the highest slowdown since the summer of last year.
Eurostat rapid estimate reveals that Coordinated price -related price index reduced 3.7 % to 3.4 % in MarchAfter fluctuation in recent months between the small descent and climbing without real pricing. However, the services were the component that weighted more in the coordinated consumer price index (IHPC), like what happened last year.
The second component that weigh more in IHPC is food, alcohol and tobacco. However, contrary to what happened in services and other components of the consumer, IHPC food accelerated in March, from a similar contrast from 2.7 % to 2.9 %.
IHPC related to non -rented industrial commodities remained 0.6 % in March, while An index related to energy commodities decreased, from 0.2 % to -0.7 % in March. This return to negative values means that, compared to last year, the energy price in the euro area is, in general, cheaper than last year.
A Basic inflationWho excludes products that are more subject to large price changes (food and energy), It moved from 2.6 % to 2.4 % in March, after it was changed for four months in 2.7 % until the beginning of this year.. This indicator allows you to measure to what extent is the “infection” with the enlargement of the most stable products such as education and health, and it is closely monitored by the European Central Bank (ECB) in the design of monetary policy.
Portugal is less than average
Among the 20 countries of the individual currency, the an accelerated identical contrast of IHPC in seven (Italy, Greece, Ireland, Venlia, Lithuania, Slovenia and Slovakia), settled in two (France and Malta) and slow in the rest. In Portugal, the identical difference of IHPC was in March 1.9 %, three tenths under the average euro area.
like High inflation rates in Estonia, Croatia and Slovakia (all with a similar contrast of 4.3 %) have been observed). On the other side of the table, France (0.9 %), Luxembourg (1.5 %) and Ireland (1.8 %) were the lowest rates.
(News updated at 10:42)
