The annual inflation rate for March 2021 stood at 3.1 percent, up from 2.4 percent recorded in March 2020, an increase of 0.8 percentage points. The increase in the annual inflation rate in March 2021 emanated mainly from increases in the price levels of Housing, water, electricity, gas and other fuels which accounts for 28.4 percent of the basket to 1.1 percent in March 2021 compared to -0.3 percent registered in March 2020. Food and non-alcoholic beverages which accounts for 16.5 percent of the basket that recorded 6.6 percent in March 2021 compared to 2.9 percent recorded in March 2020.