Summary
The CPI recorded an annual rate of change of 2.7% in June 2012. Excluding energy and unprocessed food, the annual rate was 1.5%. The monthly change rate of the CPI was -0.2% (-0.4% in May and -0.2% in June 2011), while the 12-month average rate decreased 0.1 percentage points (p.p.) to 3.3% in June.
In June 2012, the Portuguese Harmonised Index of Consumer Prices (HICP) annual inflation rate was 2.7%, 0.3 p.p. above the rate estimated by Eurostat for the Euro area.