Portugal Inflation Rises Further In September

Portugal’s consumer price inflation accelerated for the second straight month in September, though slightly, figures from Statistics Portugal showed Thursday.

The consumer price index rose 1.4 percent year-over-year in September, faster than the 1.1 percent increase in August.

Core inflation, which excludes energy and unprocessed food products, held steady at 1.3 percent.

Month-on-month, consumer prices went up 0.9 percent in September, after remaining flat in the prior month.

Inflation based on the Harmonized Index of Consumer prices increased at a faster pace of 1.6 percent annually in September, following a 1.3 percent climb in the preceding month.

The material has been provided by InstaForex Company – www.instaforex.com


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