*Honduras’ central bank (BCH) has announced that monthly inflation in March was 0.24%, down from 1.15% the previous month. This brought the annual inflation rate in March to 4.49%, the lowest for the month of March for the last three years, down from 4.75% annual inflation in February, and within the BCH’s target range of 4.00% +/- 1%. According to the BCH the slowdown in March owed mainly to lower domestic prices of fuel for vehicular use, a reduction in the cost of international air transport, as well as a drop in the prices of some agricultural products and industrialised foods. The BCH estimates that policy actions by the government (fuel and energy subsidies) reduced inflation by 0.48 percentage points regarding the March annual figure.
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