Inflation

Inflation rate based on RPI measured at 2.7% in March 2026

Accorging to the National Statistics Office, in March 2026, the annual rate of inflation as measured by the RPI was 2.7 per cent, up from 2.5 per cent in February 2026.

The highest annual inflation rates in March 2026 were registered in Housing (5.9 per cent) and Other goods and services (4.7 per cent).

On the other hand, the lowest annual inflation rates were registered in Clothing and footwear (-3.4 per cent) and Water, electricity, gas and fuels (0.0 per cent).

The largest upward contribution to the overall annual inflation rate was registered in the Food Index (+0.77 percentage points), largely due to higher prices of take-aways.

The second and third largest contributions were measured in the Housing Index (+0.47 percentage points) and the Other goods and services Index (+0.35 percentage points), mainly on account of higher prices of tiles and jewellery articles, respectively.

The downward contribution to the overall annual inflation was registered in the Clothing and footwear Index (-0.22 percentage points), mainly reflecting lower prices of garments.

Aggregates

In March 2026, the Housing Index registered the highest annual inflation rate at 5.9 per cent, of which Rent registered an annual rate of 2.8 per cent, Materials for house maintenance registered an annual rate of 6.5 per cent and Services for house maintenance registered an annual rate of 6.3 per cent.

The Clothing and footwear Index registered the lowest annual inflation rate of -3.4 per cent, of which Clothing registered an annual rate of -3.3 per cent and Footwear registered an annual rate of -3.7 per cent.

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