In January, consumer prices jumped 0.6% over the previous month, doubling the 0.3% increase recorded in December and contrasting the 0.5% drop tallied in January 2010. As a result, annual inflation soared to 3.6% in January (December: 2.5% year-on-year), which represents the highest rate since June 2006. Prices in all categories composing the index increased compared to the previous month except for clothing and footwear, which fell due to seasonal sales. Meanwhile, annual core inflation, which excludes prices of unprocessed food and energy, jumped from 1.0% in December to 2.1% in January. Annual average HICP inflation (based on the harmonised index of consumer prices) rose for the 11th consecutive month, stepping up from 1.4% in December to 1.7% in January, the highest level since March 2009.
Inflation jumps to highest level in almost five years
February 10, 2011
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Portugal Economic News
September 30, 2016
Portugal’s industrial production edged up in August after July’s drop.
September 29, 2016
The survey of consumer sentiment produced by the National Statistical Institute showed that the consumer confidence index inched up from minus 12.7 points in August to minus 11.3 points in September.
August 31, 2016
Portugal’s GDP increased a seasonally adjusted 0.3% in Q2 over the previous quarter, according to revised data published by the National Statistics Institute on 31 August.
August 30, 2016
Portugal’s industrial production edged down again in July after June’s rebound.
August 30, 2016
The survey of consumer sentiment produced by the National Statistical Institute showed that the consumer confidence index inched up from minus 13.1 points in July to minus 12.7 points in August.