Summary
The CPI recorded an annual rate of change of 3.0% in April 2012. Excluding energy and unprocessed food, the annual rate was 1.7%. On a monthly basis, the CPI decreased to 0.3% (1.2% in March and 0.4% in April 2011). The CPI 12-month average rate decreased 0.1 percentage points (p.p.) to 3.5% in April.
In April 2012, the Portuguese Harmonised Index of Consumer Prices (HICP) annual inflation rate decreased to 2.9%, 0.3 p.p. above the rate estimated by Eurostat for the Euro area.