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Financial News: Portugal's Producer Price Inflation Accelerates In January

Portugal's Producer Price Inflation Accelerates In January

02/17/2017 - 07:01:00 (RTTNews)

(RTTNews) - Portugal's producer price inflation accelerated in January, Statistics Portugal reported Friday.

Producer prices advanced 3 percent year-on-year in January, faster than the 1.4 percent increase seen in December.

Excluding energy, producer prices remained flat following a 0.1 percent drop in the prior month.

On a monthly basis, producer prices gained 1.4 percent in contrast to a 0.2 percent drop in the same month of 2016.

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