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Inflation slows

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The country’s year-on-year inflation rate slowed to 4% in March from 4,3% in February, figures from the National Statistical Agency have shown.

The year-on-year food and non-alcoholic beverages inflation prone to transitory shocks stood at 5,20% while non-food inflation stood at 3,44%. The month-on-month inflation rate in March was 0,43 shedding 0,06 percentage points on the February rate of 0,49%. The month-on-month food and non-alcoholic beverages inflation stood at 0,80% last month after gaining 0,39 percentage points on the February 2012 rate of 0,41%.

The month-on-month non-food inflation stood at 0,26% shedding 0,22 percentage points on the February 2012 rate of 0,48%.

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