Annual inflation rate falls from 3.2% to 3.1

In March 2024, the national consumer price index calculated by STATEC rose by 0.2% compared with the previous month. This rise was due to higher prices for services.

The services aggregate rose by 0.6% compared with February. The adjustment of medical care rates, following the introduction of a new key letter, increased the cost of services provided by general practitioners, specialists and dentists by an average of 7.7%. Air fares are 8.1% higher than in February. Prices for package holidays have risen by 5.9%. Prices for crèches and children's day-care centres rose by 2.8% compared with the previous month. Car maintenance and repair services (+0.8%) also fuelled inflation in March.