Summary
The Portuguese Consumer Price Index (CPI) rose 3.1% in July 2008 when compared with July 2007. On a monthly basis, the CPI decreased 0.6%. The CPI 12-month average rate of change remained unchanged at 2.7% in July 2008.
In July, the Portuguese Harmonised Index of Consumer Prices (HICP) increased 3.1% when compared with the same month of the previous year, 1.0 percentage points below the rate estimated by Eurostat for the Euro area.