CPI annual rate of change estimated at 0.9%

Based on the information made available until the date of the present flash estimate, the Consumer Price Index (CPI) annual rate was 0.9% in November 2018 (the final value in October was 1.0%). The estimated annual core inflation rate, which excludes energy and unprocessed food products components, was 0.6% (0.4% in the previous month). The annual rate of change of the index for energy products is estimated to have decreased from 7.3% in October to 4.9% in November.
The estimated CPI monthly rate was -0.4% (in October, the final value was -0.1% and -0.3% in November 2017), while the CPI 12-month average rate was estimated at 1.1% (the same value as in the previous month).
The estimate of the Portuguese Harmonised Index of Consumer Prices (HICP) annual rate of change was 1.0% (the final value for October was 0.8%).
The November CPI final results will be released on December 12th, 2018.