Portugal Inflation Rate Ticks Up to 1.4% in September



Portugal's annual inflation is expected to rise to 1.4 percent in September of 2018 from a three-month low of 1.2 percent in August, a preliminary estimate showed.

Inflation should remain elevated for both energy (6.99 percent vs 7.40 percent) and unprocessed food products (1.04 percent vs 1.06 percent).

Annual core inflation rate, which excludes energy and unprocessed food products components, is expected to increase to 0.9 percent in September from 0.6 percent in the previous month.

On a monthly basis, consumer prices are set to advance 1.1 percent in September, following a 0.3 percent drop in August.

The harmonized consumer price index is expected to went up 1.8 percent year-on-year (vs 1.3 percent in August); and to increase 1.5 percent month-over-month (vs -0.7 percent in August).

Portugal Inflation Rate Ticks Up to 1.4% in September


INE | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
9/28/2018 8:48:06 AM