The CPI annual rate was 0.4% in March 2016, the same value as in the previous month. The annual core inflation rate, which excludes energy and unprocessed food products components, was 1.0% (0.9% in February).
The CPI monthly rate was 1.9% (-0.4% in February and 1.9% in March 2015), while the CPI 12-month average was 0.6%.
In March 2016, the Portuguese Harmonised Index of Consumer Prices (HICP) annual rate of change was 0.5% (0.2% in the previous month), 0.6 p.p. above the rate estimated by Eurostat for the Euro area (in February this difference was 0.4 p.p.).