The annual inflation rate decreased to a level of 3.66% in 12 months, compared to 3.81% at the end of February, according to the national statistics Institute (INS). In March, the inflation rate was 0.07% of the previous month, compared to a 0.04% indicator in February.
The general food prices evolution was mainly influenced by the dropping prices for eggs (- 10.5%), potatoes (-2.4%), pork meat and cow milk (-0.6%). The prices grew between 0.3 and 1.2% for fruits and sugar.
The Central Bank (BNR) aims at a 4% inflation rate for 2007, or at least a 4 +/- 1% rate.