Portugal Consumer Prices Increase In January

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Wednesday, the Statistics Portugal announced that the consumer price index or CPI rose 0.1% year-on-year in January, compared to the 0.1% fall in the previous month. A year earlier, the CPI was up 0.2%.

On a monthly basis, the CPI dropped 0.5% in January, in contrast to a 0.1% growth in the preceding month.

The annual core inflation rate, which excludes energy components and fresh unprocessed food products, dropped 0.6% in January, compared to the 0.2% fall in the previous month.

Meanwhile, the harmonized index of consumer prices rose 0.1% on an annual basis in January, after falling 0.1% in December.

Wednesday, the Statistics Portugal announced that the consumer price index or CPI rose 0.1% year-on-year in January, compared to the 0.1% fall in the previous month. A year earlier, the CPI was up 0.2%. (Market News Provided by RTTNews)