In March, the annual rate of inflation as measured by the Harmonised Index of Consumer Prices stood at 1.4 per cent, the same level as a a year earlier and down slightly from February’s figure of 1.6%

The data released today by the National Statistics Office also show that the main upward impacts were brought about by the Alcoholic Beverages and Tobacco Index (0.4 percentage points), the Restaurants and Hotels Index (0.3 percentage points), and the Furniture, Household Equipment and Routine Maintenance of the House Index (0.3 percentage points).

This was mainly due to price rises of cigarettes, restaurant services and furniture items respectively.

The twelve-month moving average rate was 0.8 per cent.

Permalink: Annual rate of inflation in March stood at 1.4%, down slightly on February