He Statistics National Institute (INE) reported this Monday that the annualized inflation to March was 7.33%.
The monthly data was 0.90% and was above the median of 0.72% that analysts projected for March in the latest survey of expectations from the Central Bank (BCU).
In the year-on-year comparison with March 2022, inflation slowed down since last year it had closed at 9.38%.
With the monthly data, the Consumer’s price index (CPI) has been in decline for six months.
In the first quarter of 2023, inflation reached 3.5%. In the year-on-year comparison of that period, a retraction was also observed since in the first quarter of 2022 it closed at 4.42%.
In March, the item that had the greatest acceleration was food and non-alcoholic beverages with 2.24%.
In the breakdown, the largest increases were verified in vegetables, tubers and legumes with 12.35%. There the greatest variations were in the carrot with 41.5%, the lettuce with 28% and the potatoes and papines with 20.2%.
They also highlighted the prices in the category fruits and nuts with 10.9%. Then there was the fresh, chilled or frozen meat with 0.52%.
In the other segment in which a price increase was observed, it was in education services with 3.85%
