Consumer Price Index, August 2016, INE

Page created: Monday, 12 September 2016 12:31GMT | Updated: Monday, 12 September 2016 16:54GMT

Press Release:  12 September 2016 - 6 Page(s)
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Inflation  Prices  Wages

The CPI annual rate moved from 0.6% in July to 0.7% in August 2016. The annual core inflation rate, which excludes energy and unprocessed food products components, was 0.6% (0.8% in the previous month). At a more detailed level it should be mentioned the increase in the annual change rate of the Transports division, which moved from -2.1% in July to -1.3% in August, determining the most significant contribution to the acceleration of total CPI.
The CPI monthly rate was -0.2% (-0.7% in July and -0.3% in August 2015), while the CPI 12-month average was 0.6%.
In August 2016, the Portuguese Harmonised Index of Consumer Prices (HICP) annual rate of change was 0.8% (0.7% in the previous month), 0.6 p.p. above the rate estimated by Eurostat for the Euro area (in July this difference was 0.5 p.p.).



Original title:  CPI annual rate of change was 0.7% in August

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