18.09.201706:42:00UTC+00Portugal PPI Inflation Accelerates In August

Portugal's producer price inflation accelerated in August after easing in the previous four months, figures from Statistics Portugal showed Monday.

Industrial producer prices climbed 2.5 percent year-over-year in August, faster than the 2.2 percent increase in July. The measure has been rising since December 2016.

Excluding the energy grouping, the index rose at a steady rate of 1.2 percent annually in August.

Month-on-month, producer prices edged up 0.1 percent from July, when it dropped by 0.2 percent. It was the first increase in seven months.