The CPI 12-month average rate of change decreased from 0.6% in October to 0.4% in November. The core inflation index, which excludes unprocessed food and energy, decreased 0.1 percentage points (p.p.) to 0.3%.
The HICP 12-month average rate decreased from 0.8% in October to 0.6% in November. In October 2013 the Portuguese HICP 12-month average rate was 0.8 p.p. lower than the rate observed for the Euro-area. Accordingly with Eurostat’s flash estimate for the whole area , this difference increased to 0.9 p.p. in November.