The interannual variation rate of the Consumer Price Index (CPI) fell to 5.7% in April, 1.7 percentage points less than in March, according to the estimate advanced this Friday by the National Institute of Statistics (INE). .
According to the INE, “based on the information already collected, the interannual variation rate of the Consumer Price Index (CPI) will have decreased to 5.7% in April 2023, a lower rate of 1.7 percentage points (pp ) to that observed in the previous month”.
As for the underlying inflation indicator (total index without unprocessed food and energy) it registered a variation of 6.6% in April (7.0% in the previous month).
The INE adds that the average variation rate of the last 12 months was 8.6% (8.7% in the previous month).
The Portuguese Harmonized Consumer Price Index (IPCA) registered an interannual variation of 6.9% in the month under review, compared to 8.0% in March.
The INE indicates that the final CPI data for the month of April 2023 will be published on May 11.
Source: Observadora
