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Financial News: Portugal Consumer Prices Fall As Estimated

Portugal Consumer Prices Fall As Estimated

10/13/2020 - 07:53:00 (RTTNews)

(RTTNews) - Portugal's consumer prices fell in September, as initially estimated, final data from Statistics Portugal showed on Tuesday.

The consumer price index fell 0.1 percent year-on-year in September, after remaining unchanged in August, as estimated.

The core CPI, which excludes energy and unprocessed food products components fell 0.2 percent in September, following a 0.1 percent decline in the prior month. In the initial estimate, the core CPI fell 0.1 percent.

On a monthly basis, consumer prices rose 1.0 percent in September, after a 0.3 percent fall in the previous month, as initially estimated.

The EU measure of harmonized index of consumer price, or HICP, fell 0.8 percent annually in September, after a 0.2 percent decline in the prior month. According to the initial estimate, the HICP fell 0.7 percent.

On a month-on-month basis, the HICP rose 0.8 percent in September, after a 0.3 percent fall in the preceding month, as estimated.

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