The Consumer Price Index (CPI) annual rate was 0.3% in November 2019 (0.0% in October). The annual core inflation rate, which excludes energy and unprocessed food products, was 0.6% (0.3% in the previous month).
The CPI monthly rate was -0.1% (0.0% in the previous month and -0.4% in November 2018), while the CPI 12-month average rate was 0.4% (the same value as in October).
In November 2019, the Portuguese Harmonised Index of Consumer Prices (HICP) annual rate was 0.2% (-0.1% in the previous month). This rate is 0.8 percentage points (p.p.) below the figure estimated by Eurostat for the Euro area (in the previous month, the same difference was recorded).