Summary
The Portuguese Consumer Price Index (CPI) went up by 1.9% in August 2010 when compared with August 2009. Excluding energy and unprocessed food, the annual rate increased to 0.8% from 0.6% in July. On a monthly basis, the CPI decreased 0.2% (+0.1% in July 2010). The CPI 12-month average rate of change increased to 0.3% in August (0.0% in July).
In August, the Portuguese Harmonised Index of Consumer Prices (HICP) annual inflation rate was 2.0% (1.9% in July), 0.4 percentage points (p.p.) above the rate estimated by Eurostat for the Euro area.