Portuguese Inflation Rate Slows to 5-Month Low


The Portuguese consumer price inflation is expected to ease to a five-month low of 1.1 percent year-on-year in January 2018 from 1.5 percent in the previous month.

Annual core inflation rate, which excludes energy and unprocessed food products components, is set to decline to 1 percent from 1.2 percent in the previous month.

On a monthly basis, consumer prices should fall by 1 percent in January, the biggest drop since January 2016, after showing no growth in December.

The harmonized consumer price index is expected to increase by 1.1 percent year-on-year (vs 1.6 percent in December) and to fall by 1.2 percent from the previous month (vs -0.2 percent in December).

Portuguese Inflation Rate Slows to 5-Month Low


INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
1/31/2018 10:00:36 AM