Inflation climbs to 3.2% in March due to the return to the 21% VAT after three years. Food - especially olive oil - are also among the products that register the highest price increases.

In February it was found that it is services, more than goods, that have been driving prices up recently, something that could continue to happen in the future. The Ministry headed by Carlos Corpo assured, however, that "food prices continued to moderate in March, continuing with the trend of recent months"