31 March 2017
2017- n° 86In March 2017, consumer prices increased by 1.1% year on year Consumer price index - provisional results - March 2017
According to the provisional estimate made at the end of March, the Consumer Price Index (CPI) should slacken again slightly (+1.1% year on year in March 2017 after +1.3% in January and +1.2% in February). This slight slowdown should be the result of these in services and energy prices, and of a sharp deceleration in food prices. These changes should be offset largely by a lesser downturn in the prices of manufactured products and an acceleration in those of tobacco.
According to the provisional estimate made at the end of March, the Consumer Price Index (CPI) should slacken again slightly (+1.1% year on year in March 2017 after +1.3% in January and +1.2% in February). This slight slowdown should be the result of these in services and energy prices, and of a sharp deceleration in food prices. These changes should be offset largely by a lesser downturn in the prices of manufactured products and an acceleration in those of tobacco.
Over one month, consumer prices should accelerate sharply: +0.6% after +0.1% in the previous month. This marked increase should come from a rebound in the prices of manufactured products after the end of winter sales and from a further rise in tobacco prices. Contrariwise, food prices are expected to drop due to fresh products prices. Energy prices should fall too, because of a downturn in petroleum products prices. Besides, services prices should slow down.
Year on year, the Harmonised Index of Consumer Prices is set to rise by 1.4%, as in the previous month. Over one month, it should accelerate sharply to 0.7% after +0.2% in February.
Warning: These provisional results are only preliminary data. Accordingly, they should not be used for contractual revaluations. The indices published here are based on a limited set of price observations and from estimates of some rates of change for fares which are not yet available. The complete results will be published on 13 April 2017.
tableauTable – Consumer Price Indices
Weight 2017 | March 2016 | Feb. 2017 | March 2017 (p) | |
---|---|---|---|---|
CPI - All items* | 10000 | −0.1 | 1.2 | 1.1 |
Food | 1627 | 0.4 | 1.6 | 0.8 |
- Fresh food | 235 | 1.6 | 11.0 | 4.5 |
- Other food products | 1392 | 0.2 | 0.1 | 0.2 |
Tobacco | 188 | 0.0 | 1.0 | 2.8 |
Energy | 748 | −6.9 | 11.4 | 9.9 |
Manufactured products | 2617 | −0.2 | −1.6 | −1.0 |
Services | 4820 | 0.9 | 1.1 | 1.0 |
HICP** - All items | 10000 | −0.1 | 1.4 | 1.4 |
- (p) provisional results
- *: Consumer Price Indexes
- **: Harmonised Index of Consumer Prices