The CPI annual rate moved from 1.2% in August to 1.4% in September 2018. The annual core inflation rate, which excludes energy and unprocessed food products components, was 0.9% (0.6% in the previous month).
The CPI monthly rate was 1.1% (-0.3% in the previous month and 0.9% in September 2017), while the CPI 12-month average rate was 1.2% (the same value as in the previous month).
In September 2018, the Portuguese Harmonised Index of Consumer Prices (HICP) annual rate of change was 1.8% (1.3% in the previous month), 0.3 p.p. below the rate estimated by Eurostat for the Euro area (in August this difference was 0.7 p.p.).