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Financial News: Portugal Inflation Remain Steady In April

Portugal Inflation Remain Steady In April

04/30/2021 - 07:26:00 (RTTNews)

(RTTNews) - Portugal's consumer prices inflation remained stable in April, preliminary data from Statistics Portugal showed on Friday.

The consumer price index rose 0.5 percent year-on-year in April, same as seen in March.

The core CPI, which excludes energy and unprocessed food products components remained unchanged at 0.1 percent yearly in April.

On a monthly basis, consumer prices rose 0.4 percent in April, after a 1.4 percent increase in the previous month.

The EU measure of harmonized index of consumer price, or HICP, decreased 0.1 percent annually in April, reversing a 0.1 percent growth in the prior month.

On a month-on-month basis, the HICP rose 0.5 percent in April, after a 1.5 percent increase in the preceding month.

Separate data from the statistical office showed that the industrial production grew 5.0 percent yearly in March, after a 2.8 percent fall in February.

On a monthly basis, industrial production fell 0.9 percent in March, after a 1.1 percent growth in the prior month.

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