Year-on-year, prices of goods are expected to drop 1 percent, compared to a 1.2 percent fall in March, as cost of energy continued to fall (-8.5 percent from -8.9 percent) while food prices rose at a slower pace (+0.5 percent from +1.3 percent). In contrast, prices of services are expected to grow 1.1 percent, easing from a 1.6 percent growth in the previous month. Cost of rents is expected to go up 1 percent (+1.1 percent in March).
On a monthly basis, consumer prices are expected to fall 0.2 percent following a 0.8 percent increase in the previous month.
The harmonised index of consumer prices is expected to be down 0.1 percent year-on-year. Compared with March 2016, it is expected to decline by 0.3 percent.