The inflation rate will have been 2.3% in March, 0.2 percentage points more than in February, according to the flash estimate released today by the National Statistics Institute (INE).
The underlying inflation indicator (total index excluding unprocessed food and energy) is estimated to have risen by 2.5% in March, compared to 2.1% in the previous month.
The change in the index for energy products rose to 4.8% (4.3% in the previous month), while the index for unprocessed food products fell to -0.5% (0.8% in February), “partly as a result of the base effect associated with the price increase recorded in March 2023 (monthly change of 1.5%)”.
