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Lusa - Business News - Portugal: Country's inflation in January third lowest in EU, at 0.8% - Eurostat




Brussels, Feb. 21,2020 (Lusa) – Portugal’s rate of consumer inflation in January was the third lowest in the European Union, at 0.8% against an EU-wide rate of 1.7%, according to the EU statistics office, Eurostat.
The figures confirm flash estimates released on 31 January.
Inflation in the euro zone as a whole in January was 1.4%, marking an acceleration from a rate of 1.3% in December.
Portugal’s rate in January was double the 0.4% rate seen in December, while the EU inflation in December had been 1.6%.
In a year-on-year comparison with January 2019, the inflation rate in the euro zone was unchanged, while for the EU as a whole it rose by 0.2 of a percentage point. The rate for Portugal also increased by 0.2 of a point, from 0.6% in January 2019.
In the last two months of last year, Portugal had had the lowest inflation rate in the euro zone, at 0.2% in November and 0.4% in December.
In January, only Italy and Cyprus had lower inflation, at 0.4% and 0.7% respectively, with Portugal tied in third with Denmark.
The highest inflation was in Hungary (4.7%), Romania (3.9%), the Czech Republic and Poland (both 3.8%).

ACC/ARO // ARO.
Lusa


Agency : LUSA

Date : 2020-02-22 00:17:00







 

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