Portugal’s consumer prices fell unexpectedly in April, final data from Statistics Portugal showed on Wednesday.
The consumer price index fell 0.2 percent year-on-year in April after remaining unchanged in March. According to the initial estimate, consumer prices had remained flat in April.
The core CPI, which excludes energy and unprocessed food products components fell 0.2 percent in April, after remaining unchanged in the previous month. The core CPI was revised from -0.1 percent.
On a monthly basis, consumer prices rose 0.3 percent in April, after a 1.4 percent increase in the preceding month. In the initial estimate, prices had increased 0.4 percent.
The EU measure of harmonized index of consumer price, or HICP, decreased 0.1 percent annually in April, reversing a 0.1 percent rise in the prior month. According to the initial estimate, the HICP had climbed 0.1 percent.
On a month-on-month basis, the HICP rose 0.8 percent in April, after a 1.6 percent increase in the preceding month. The monthly rate was revised down from 1.0 percent.
The material has been provided by InstaForex Company – www.instaforex.com
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
