18/4/2011 00:00:00

In March, the national index of consumer prices for the entire community (NIC), including tobacco, reported an increase by 0.4% compared to February 2011 and by 2.5% over the same month last year (it was 2.4% in February 2011). The final data confirms the provisional estimate. Inflation for 2011 is acquired at 1.8%. Core inflation, calculated net of energy goods and fresh food is stabilized at 1.7%. Excluding energy goods alone, the trend growth rate of consumer price index rises from 1.8% in February 2011 to 1.9%. On the trend, rising prices of goods rose to 2.8%, with an acceleration of two-tenths of a percentage point compared with February 2011 (+2.6%), while the prices of services rose to 2.0% from 1.9% the previous month. As a result of these developments, the inflation differential between goods and services increases. The acceleration in inflation recorded in March, was affected primarily by the pressure on prices of food and non-regulated energy assets. The effect of supporting the dynamics of the general index also derives from the price of services, and in particular those relating to transportation and recreational, cultural and personal care. The prices of the products most frequently purchased by consumers, rose by 0.5% on a cyclical basis and 3.2% over the previous year (it was 3.1% in February 2011). The Harmonized Index of Consumer Prices (HICP) increased by 2.2% over the previous month and 2.8% over the same month last year (provisional estimate was +2.6%), with an acceleration of seven-tenths of a percentage point compared to February 2011 (+2.1%). The strong short-term change is largely due to the disappearance of the seasonal sales. The national index of consumer prices for families of workers and employees (CPI) excluding tobacco, marks an increase of 0.4% over the previous month and 2.5% over March 2010.

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