Summary
The Portuguese Consumer Price Index (CPI) rose 1.4% in November 2008 when compared with November 2007. On a monthly basis, the CPI changed by -0.6% ( 0.2% in October 2008 and +0.3 in November 2007). The CPI 12-month average rate of change decreased to 2.7% in November.
In November, the Portuguese Harmonised Index of Consumer Prices (HICP) increased 1.4% when compared with the same month of the previous year, 0.7 percentage points below the rate estimated by Eurostat for the Euro area.