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Portugal Producer Price Inflation Eases In February

Portugal's producer price inflation eased in February after rising in the previous month, data from Statistics Portugal showed Monday.

The producer price index increased 4.1 percent annually in February, slower than the 4.7 percent gain in January.

Output prices in the manufacturing sector advanced 2.7 percent on a yearly basis, after increasing 3.4 percent in the previous month. On a monthly basis, manufacturing prices edged up 0.3 percent in February.

Month-on-month, producer prices increased 0.3 percent in February, following 2.3 percent rise in January.

by RTTNews Staff Writer

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