Portugal February Inflation Rate at Near 1-1/2-Year Low


Consumer prices in Portugal are expected to increase 0.6 percent year-on-year in February of 2018, easing from 1 percent rise in January. It is the lowest inflation rate since November 2016.

Annual core inflation rate, which excludes energy and unprocessed food products components, is set to decrease to 0.6 percent from a downwardly revised 0.9 percent in the previous month.

On a monthly basis, consumer prices should fall by 0.7 percent in February, following a 1 percent decline in January.

The harmonized consumer price index is expected to increase by 0.7 percent year-on-year (from 1.1 percent in January) and to fall by 0.6 percent from the previous month (from -1.2 percent in January).

Portugal February Inflation Rate at Near 1-1/2-Year Low


INE | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
2/28/2018 9:53:04 AM