The CPI annual rate was 0.7% in August 2015, 0.1 percentage points (p.p.) lower than in the previous month. The annual core inflation rate, which excludes energy and unprocessed food products components, was 0.7% (the same rate in the previous month).
The CPI monthly rate was -0.3% (-0.7% in July and -0.2% in August 2014), while the CPI 12-month average rate was 0.2% (0.1% in the previous month).
In August 2015, the Portuguese Harmonised Index of Consumer Prices (HICP) annual rate of change was
0.7% (unchanged from the previous month), 0.5 p.p. above the rate estimated by Eurostat for the Euro area (in July this difference was 0.5 p.p.).