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Portugal Consumer Prices Falls In July

Portugal's consumer prices declined in July, after rising in the previous month, final data from Statistics Portugal showed on Monday.

The consumer price index declined 0.3 percent year-on-year in July, reversing a 0.4 percent rise in June.

The core CPI fell 0.1 percent in July, after a 0.6 percent rise in the previous month.

On a month-on-month basis, consumer prices dropped a 1.3 percent in July, after remaining unchanged in the preceding month.

The EU measure of harmonized index of consumer prices, or HICP, fell a 0.7 percent annually in July, reversing a 0.7 percent in the prior month.

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