Inflation gave a break in March and dropped to 2.3%to seven tenth, according to the sophisticated data published on Friday National Statistical Organization. As described by the Ministry of Finance, Commerce and Business, the prices will be produced thanks to the control of electricity prices inspected by heavy rains. In this way, the economy breaks with the last five months upward trend February, when it reaches 3%. Inherent to excluding fresh food and energy, it is very unstable elements, reducing one -tenth and reaching 2%. It enters the moderate -target of the European Central Bank, especially from December 2021, especially for over three years.
This time, the light is determined by the correction correction, rather than what happened last month. In March, abundant rains were full More than 70% of the reservoirs in its capacityIt expresses the hydroelectricity. In addition, wind production has increased by 12% and atomic more than 50%, working in the park full load, which has helped to have electric prices, according to Grupo ASE in the progress of the monthly report on the fuel market. In this sense, an independent analyst of decades of the power sector is of the view that Francisco Valverde, Hydraulic Energy, Wind and Solar Wholesale Power Market. “We are unpacking very cheap water. We have a very strong air production and in addition, the little sun in March has to be tightened. The lighting generation is growing.” The less demand for this has been added, because the winter is lagging behind.
Despite the consequence relief, the average price of electricity in the wholesale market is still much higher than a year ago, when it is 20.30 euros ////////kkam, they are added to the report. Instead, it is 67 euros/MWH until March 20. In addition, r35% of Gas Heraj in Europe Its efficiency, which is less than a year ago, creates uncertainty about the future evolution of energy costs.
Other factors have also influenced inflation beyond electricity. The Chief Economist Miguel Cardoso of Spain, BBVA Research, describes the effect of calendar Easter weekThis year comes in April and not in March, which has helped to soften the normal rate. However, the letter has its effectiveness in favor, and the prices in the hospitality and lodging services will be rebounding next month.
The fuels have also contributed to this descent. The average price of a liter of diesel this week has been recorded by 0.7% drop compared to previous ones European Union Petroleum Bulletin. As a result, the average price of a liter of gasoline fell by 0.6% compared to last week, fell at 1,508 euros, from 2024 to its lowest level. With current prices, an average of 55 liters of diesel costs is 79.2 euros deposit, five euros than last year. The same thing happens in the case of cars used by gasoline, which is about 82.94 euros, six euros 12 months ago. Before the Russian invasion of Ukraine, which began on February 24, 2022, was lower than the records, and the highs reached in a complete inflation crisis.
Experts agree that inflation is up to 3%while waiting for the coming months. However, there are continuous uncertainties in fuel markets and fuels, especially in the gas sector. The need to increase gas reserves in the next winter is conditional, but the valve has made it clear that in the coming months, in the coming months, at least until May or June, we will see low prices in the monthly energy due to the good performance of renewable. “
