Luxembourg: Harmonized inflation remains stable in March
Harmonized inflation came in at 3.2% in March, matching February’s reading. The result was driven by moderating price pressures for food and non-alcoholic beverages and easing price pressures for housing and utilities.
The trend was unchanged, with annual average harmonized inflation coming in at February’s 2.6% in March. Meanwhile, consumer price inflation fell to 3.1% in March, from February’s 3.2%.
Lastly, harmonized consumer prices rose 0.17% from the previous month in March, which was below the 1.66% increase seen in February.