Year-on-year, prices decreased for food and non-alcoholic beverages (-1.63 percent) and articles for the residence (-1.03 percent). Increases were seen mostly in prices of transport (5.6 percent), housing (4.13 percent), health care (5.88 percent) and personal expenses (3.51 percent).
On a monthly basis, prices rose a meager 0.09 percent, below 0.32 percent in February and expectations of 0.12 percent. The biggest downward pressure came from transport cost (-0.25 percent compared to +0.74 percent in February), mainly due to a 15.42 percent slump in airline tickets. Communication prices declined 0.33 percent, following a 0.05 percent gain. On the other hand, the biggest upward impact came from health and personal care (prices up 0.48 percent after a 0.38 percent rise), mainly due to health insurance (1.06 percent). Housing cost increased 0.19 percent, slightly below 0.22 percent in February.