Portugal Consumer Prices Grow In June

Portugal’s consumer prices rose in June, led by aloft prices for uninformed food, rough information from Statistics Portugal showed on Tuesday.

The consumer cost index rose 0.16 percent year-on-year in June, after a 0.7 percent tumble in May.

The core CPI, that excludes appetite and unprocessed food products components rose 0.27 percent in June, after a 0.44 percent diminution in a before month.

Prices for uninformed food surged 5.22 percent year-on-year.

On a monthly basis, consumer prices rose 0.92 percent in June, after a 0.45 percent diminution in a preceding month.

The EU magnitude of harmonized index of consumer price, or HICP, increasing 0.3 percent annually in June, after a 0.6 percent tumble in a before month.