The Consumer Price Index (CPI) annual rate increased to 1.4% in September 2017 (1.1% in August 2017). The annual core inflation rate, which excludes energy and unprocessed food products components, was 1.3% (the same value as in the previous month).
The CPI monthly rate was 0.9% (nil in the previous month and 0.7% in September 2016), while the CPI
12-month average rate was 1.2% (1.1% in the previous month).
In September 2017, the Portuguese Harmonised Index of Consumer Prices (HICP) annual rate of change was 1.6% (1.3% in the previous month), 0.1 percentage points (p.p.) above the rate estimated by Eurostat for the Euro area (in August, the Portuguese rate was 0.2 p.p. below the Euro area).