Portugal Inflation Rate Lowest Since 2016

Consumer prices in Portugal are expected to rise 0.4 percent year-on-year in April of 2018, slowing from 0.7 percent gain in the previous month. It is the lowest inflation rate since May of 2016.
INE | Stefanie Moya | stefanie.moya@tradingeconomics.com 4/30/2018 8:48:26 AM
Annual core inflation rate, which excludes energy and unprocessed food products components, is expected to decrease to 0.2 percent from 0.8 percent in March.

On a monthly basis, consumer prices advanced 0.7 percent, easing from a 1.9 percent rise in the prior month, preliminary figures showed.

The harmonized consumer price index is expected to increase 0.3 percent year-on-year (compared to 0.8 percent in March) and 1.0 percent month-over-month (compared to 2.2 percent in March).

Portugal Inflation Rate Lowest Since 2016