The CPI annual rate was 0.6% in October 2015, 0.3 percentage points (p.p.) lower than in the previous month. The annual core inflation rate, which excludes energy and unprocessed food products components, was 0.9% (1.1% in September).
The CPI monthly rate was 0.1% (0.8% in September and 0.3% in October 2014), while the CPI 12-month average rate was 0.4% (0.3% in the previous month).
In October 2015, the Portuguese Harmonised Index of Consumer Prices (HICP) annual rate of change was
0.7% (0.9% in the previous month), 0.7 p.p. above the rate estimated by Eurostat for the Euro area (in September this difference was 1.0 p.p.).