Portugal Inflation Rate Lowest Since 2016

Consumer prices in Portugal are expected to rise 0.4 percent year-on-year in April of 2018, slowing from 0.7 percent gain in the previous month. It is the lowest inflation rate since May of 2016.

Annual core inflation rate, which excludes energy and unprocessed food products components, is expected to decrease to 0.2 percent from 0.8 percent in March.

On a monthly basis, consumer prices advanced 0.7 percent, easing from a 1.9 percent rise in the prior month, preliminary figures showed.

The harmonized consumer price index is expected to increase 0.3 percent year-on-year (compared to 0.8 percent in March) and 1.0 percent month-over-month (compared to 2.2 percent in March).

Portugal Inflation Rate Lowest Since 2016

INE | Stefanie Moya | stefanie.moya@tradingeconomics.com
4/30/2018 8:48:26 AM