SYNTHESIS INE@COVID-19, 7 Oct-2021

October . 07 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 7/11 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt CPI year-on-year rate of change estimated at 1.5% Flash estimate In September 2021, in year-on-year terms, the following rates of change will have been recorded: • Consumer Price Index (CPI): 1.5% (same as in the previous month); • Core inflation index (total index excluding unprocessed food and energy): 0.9% (also the same as in the previous month); • Energy products index: 10.4% (9.3% in the previous month); • Unprocessed food products index: -0.3% (0.2% in August). More information available at: CPI/HICP Flash Estimate – September 2021 (30 September 2021) Concerning the Harmonised Index of Consumer Prices (HICP) - the most appropriate inflation indicator for comparisons between the different countries of the European Union, and in particular the Euro Area - Portugal should have registered a year-on-year rate of change of 1.3% in September 2021 (same as in the previous month). Monthly rate (%) 1 Annual rate (%) 1 Aug-21 Sep-21 * Aug-21 Sep-21 * CPI Total -0.20 0.92 1.54 1.49 All items excluding housing -0.22 0.95 1.51 1.47 All items excluding unproc. food and energy -0.21 1.19 0.92 0.87 Unprocessed food -0.66 -0.59 0.16 -0.34 Energy 0.57 0.55 9.31 10.42 HICP Total -0.1 0.9 1.3 1.3 1 Rounded values to two and one decimals. * Estimated values. In September, compared to the previous month, the CPI will have had a rate of change of 0.9% (-0.2% in August 2021 and 1.0% in September 2020). In September, the average rate of change over the last twelve months is estimated at 0.6% (0.5% in the previous month).