Portugal Inflation Eases In March

Portugal’s consumer price inflation eased in March, flash data from Statistics Portugal showed on Tuesday.

The consumer price index rose 0.1 percent year-on-year in March, after a 0.4 percent increase in February.

The core inflation, which excludes energy and unprocessed food products components remained unchanged in March.

On a monthly basis, consumer prices rose 1.5 percent in March, after a 0.6 percent decrease in the preceding month.

The EU measure of harmonized index of consumer price, or HICP, increased 0.1 percent annually in March, after a 0.5 percent rise in the prior month.

On a month-on-month basis, the HICP rose 1.6 percent in March, after a 0.6 percent fall in the prior month.

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