March-2025 Inflation Note: Key Inflation Insights and Outlook

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April 16, 2025/United Capital Research

March 2025 saw an increase in the general price level, as reflected in the Consumer Price Index (CPI) report. The inflation rate rose to 24.23% year-on-year (y/y), up from 23.18% in February 2025 (a 1.1 percentage point or 105 basis points increase).  Similarly, March’s month-on-month (m/m) CPI saw a 190bps increase, pushing the m/m inflation rate to 3.90% from 2.04% recorded in February.

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