logo
Plus   Neg
Share
Email

Portugal Inflation Slows For Second Month

Portugal's consumer price inflation eased for the second straight month in January, figures from Statistics Portugal showed Monday.

Inflation moderated to a 6-month low of 1.0 percent in January from 1.5 percent in December.

Core inflation, which excludes energy and unprocessed food products, slowed to 0.9 percent from 1.2 percent.

On a monthly basis, consumer prices declined 1.0 percent in January after remaining flat in the preceding month.

Inflation based on the Harmonized Index of Consumer prices increased at a weaker pace of 1.1 percent yearly in January, following a 1.6 percent rise in December. Month-on-month, the HICP dropped 1.2 percent.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT