Monday, Belgium's National Institute of Statistics said in a report that the consumer price index or CPI rose 0.62% year-over-year in March, slower than a 1.93% increase in the previous month.

The March inflation was the lowest level Sine December 1998. This sharp decline was mainly due to falling energy prices.

On a monthly basis, the CPI decreased 0.57% in March, compared with a 0.34% rise in February.

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