The average rate of change of the Portuguese Consumer Price Index (CPI) was 0.3% in 2013 (2.8% in 2012).
The CPI recorded an annual rate of change of 0.2% in December 2013. Excluding energy and unprocessed food, the annual rate was 0.2%. The CPI monthly rate of change was 0.4% (-0.2% in November and 0.0% in December 2012).
In 2013, the Portuguese Harmonised Index of Consumer Prices (HICP) increased 0.4% comparing with 2012. In December, the HICP annual inflation rate increased to 0.2%, 0.6 percentage points (p.p.) below the rate estimated by Eurostat for the Euro area (0.1 p.p. below in November).