LISBON: Portugal’s consumer price inflation eased for the second straight month in January, figures from Statistics Portugal showed Monday. Inflation moderated to a 6-month low of 1.0 percent in January from 1.5 percent in December. Core inflation, which excludes energy and unprocessed food products, slowed to 0.9 percent from 1.2 percent. On a monthly basis, consumer prices declined 1.0 percent in January after remaining flat in the preceding month.
Inflation based on the Harmonized Index of Consumer prices increased at a weaker pace of 1.1 percent yearly in January, following a 1.6 percent rise in December. Month-on-month, the HICP dropped 1.2 percent.
