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“From a month earlier, the CPI rose 2.17%, the fastest month-to-month rise since May 2008, and only slightly lower than a forecast of 2.2% announced by the Ministry of Planning and Investment last week.”
“Manufacturing output also climbed by 0.5% month-to-month, following a 1.8% increase in February.”
“Output in March was driven by a spike in construction activity, up 6.2% month-to-month after an already strong 3.4% monthly increase in February, the economics ministry said.”
“This makes the month-to-month reporting on inflation less volatile, far less subject to the vicissitudes of the market.”
“On a month-to-month basis, we are pleased that our cost-reduction initiatives have contributed to reduced losses and these remain a major focus for us.”
“Sales in Portugal saw the biggest month-to-month fall in the euro zone in March, of 4.7%.”
“Economists had expected a year-to-year rise of 2%, and a month-to-month increase of 0.4%.”
“Consumer prices in Europe's largest economy rose by 0.5% month-to-month in March and by 2.1% compared with a year earlier, matching February's readings, according to preliminary data released Tuesday by the Federal Statistics Office, or Destatis.”
“The median forecast of eight economists who gave month-to-month comparisons is for the index to fall 0.07%.”
“Core inflation, which excludes volatile energy and food prices, was 3.3% year-to-year and 0.3% month-to-month, compared with 3.1% year-to-year and 0.7% month-to-month in February.”
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