Bloomberg News

Portuguese Consumer Prices Increased at Slower Pace Last Month

May 11, 2012

Portugal’s consumer price index rose in April from a year earlier at a slower pace than recorded in March.

Consumer prices, using a harmonized European Union measure, climbed 2.9 percent from a year earlier, less than the 3.1 percent increase in March, the Lisbon-based National Statistics Institute said today in an e-mailed statement. Prices rose 0.3 percent from March.

Using the statistics institute’s own methods, consumer prices in Portugal rose 3.0 percent in April from a year earlier and climbed 0.3 percent from March.

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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