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Consumer Prices up 3.5% in January on a year earlier
Consumer price index
Consumer Prices up 3.5% in January on a year earlier - January 2012
10 February 2012

Summary
The CPI recorded an annual rate of change of 3.5% in January 2012. Excluding energy and unprocessed food, the annual rate was 2.1%. On a monthly basis, the CPI increased to 0.5% (0.0% in December and 0.6% in January 2011). The CPI 12-month average rate decreased 0.1 percentage points (p.p.) to 3.6% in January.
In January 2012, the Portuguese Harmonised Index of Consumer Prices (HICP) annual inflation rate decreased to 3.4%, 0.7 p.p. above the rate estimated by Eurostat for the Euro area.

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