The consumer price index (CPI) increased by 0.1% in March 2020 compared with the previous month, reaching 101.7 points (December 2015 = 100). Inflation was –0.5% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).
The 0.1% increase compared with the previous month can be explained by several factors including rising prices for clothing and footwear due to the end of the seasonal sales. New cars also recorded a price increase, as did beef. In contrast, prices for heating oil and fuels decreased.
