Bloomberg News

Portuguese Consumer Prices Increased at Faster Pace Last Month

October 13, 2011

Oct. 13 (Bloomberg) -- Portugal’s consumer price index rose in September from a year earlier at a faster pace than recorded in August.

Consumer prices, using a harmonized European Union measure, climbed 3.5 percent from a year earlier, more than the 2.8 percent increase in August, the Lisbon-based National Statistics Institute said today in an e-mailed statement. Prices rose 0.6 percent from August.

Using the statistics institute’s own methods, consumer prices in Portugal rose 3.6 percent in September from a year earlier and climbed 0.8 percent from August.

--Editor: Anabela Reis

To contact the reporter on this story: Joao Lima in Lisbon at jlima1@bloomberg.net

To contact the editor responsible for this story: Tim Quinson at tquinson@bloomberg.net


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