The CPI annual rate moved from 0.6% in February to 0.7% in March 2018. The annual core inflation rate, which excludes energy and unprocessed food products components, was 0.8% (0.6% in the previous month).
The CPI monthly rate was 1.9% (-0.7% in the previous month and 1.8% in March 2017), while the CPI 12-month average was 1.2% (1.3% in the previous month).
In March 2018, the Portuguese Harmonised Index of Consumer Prices (HICP) annual rate of change was 0.8% (0.7% in the previous month), 0.6 percentage points (p.p.) below the rate estimated by Eurostat for the Euro area (in February this difference was 0.4 p.p.).