Based on the information made available until the date of the present flash estimate, the Consumer Price Index (CPI) annual rate was 0.0% in October 2019 (-0.1% in September). The core inflation index, which excludes energy and unprocessed food products components, was 0.3% (0.1 percentage points higher than in the previous month). The annual rate of change of the index for energy products is estimated to have decreased to -4.5% (in September, the final value was -3.8%).
The estimated CPI monthly rate was 0.1% (in September, the final value was 1.1% and -0.1% in October 2018), while the CPI 12-month average rate was estimated at 0.4% (0.5% in the previous month).
The estimate of the Portuguese Harmonised Index of Consumer Prices (HICP) annual rate of change was -0.1% (-0.3% in September).
The October CPI final results will be released on November 13th, 2019.