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Lusa - Business News - Portugal: Consumer prices up 1.6% in May, INE confirms




Lisbon, June 12 (Lusa) - The annual rate of change of Portugal's Consumer Price Index (CPI) was 1.0% in May, 0.6 percentage points higher than the 0.4% recorded in April, the National Statistics Institute (INE) confirmed on Tuesday.
In May, the year-on-year change in the underlying inflation indicator (total index excluding unprocessed and energy products) was 0.6%, standing 0.4 percentage points higher than in April, according to INE's figures.
The monthly variation of the CPI was 0.4% (0.7% in April and -0.2% in May 2017) and the average variation of the last 12 months was 1.0% (compared with 1.1% the previous month).
The Portuguese Harmonised Index of Consumer Prices (HICP) registered a year-on-year change of 1.4%, a rate which was 1.1 percentage points higher than in the previous month and 0.5 percentage points lower than Eurostat's estimate for the euro zone (in April, this difference was 0.9 percentage points).
The HICP recorded a monthly change of 0.8% (1.0% in the previous month and -0.3% in May 2017) and an average variation of 1.2% in the last 12 months (the same as in April).

PD/CA // CA
Lusa


Agency : LUSA

Date : 2018-06-13 08:00:39







 

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