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Financial News: Portugal's Producer Price Inflation Accelerates

Portugal's Producer Price Inflation Accelerates

12/19/2017 - 07:19:00 (RTTNews)

(RTTNews) - Portugal's producer price inflation increased in November, figures from Statistics Portugal revealed Tuesday.

Producer prices advanced 3.2 percent year-on-year in November, faster than the 2.7 percent increase seen in the previous month.

Excluding energy, producer price inflation rose to 2 percent from 1.8 percent in October.

Month-on-month, producer prices gained 0.5 percent versus 0.1 percent rise in the same period of 2016.

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