Portugal PPI Inflation Accelerates In August

By | September 18, 2017

Portugal’s manufacturer rate inflation sped up in August after easing in the previous 4 months, figures from Data Portugal revealed Monday.

Industrial producer rates climbed up 2.5 percent year-over-year in August, faster than the 2.2 percent boost in July. The procedure has been rising since December 2016.

Excluding the energy grouping, the index rose at a constant rate of 1.2 percent every year in August.

Month-on-month, producer rates edged up 0.1 percent from July, when it stopped by 0.2 percent. It was the first increase in seven months.

The product has been provided by InstaForex Business – www.instaforex.com

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