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CPI annual rate of change down to 0.4%
Consumer price index
CPI annual rate of change down to 0.4% - May 2019
14 June 2019

Summary

The Consumer Price Index (CPI) annual rate was 0.4% in May 2019 (0.8% in April). The annual core inflation rate, which excludes energy and unprocessed food products, was 0.5% (0.8% in the previous month).
The CPI monthly rate was 0.1% (0.6% in the previous month and 0.4% in May 2018), while the CPI 12-month average rate was 1.0%, the same value as in the previous month.
In May 2019, the Portuguese Harmonised Index of Consumer Prices (HICP) annual rate was 0.3% (0.9% in the previous month), 0.9 percentage points (p.p.) below the figure estimated by Eurostat for the Euro area (in the previous month, this difference was 0.8 p.p.).
 


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