Portugal’s producer price inflation eased in December after accelerating in the previous month, figures from Statistics Portugal revealed Tuesday.
Producer prices climbed 2.4 percent year-on-year in December, slower than the 3.2 percent increase seen in the previous month.
Excluding energy, producer price inflation moderated marginally to 1.9 percent from 2.0 percent.
On a monthly basis, producer prices remained flat in December, following a 0.5 percent increase in November.
For the whole of 2017, the average change in the total index was 3.4 percent versus -2.8% in 2016.
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