The consumer price index (CPI) stood at 2.7% year-on-year in August, the same rate as in July, due, among other factors, to the evolution of fuels, which fell less than in the same month last year.
According to the advance indicator published this Friday by the National Institute of Statistics (INE), compared to fuels, food and non-alcoholic beverages, which fell more than the previous year, and electricity, which rose with less intensity than in August last year, had a downward effect.
Inflation thus remains at an annual rate in August after the rebounds of the last two months, going from 2% in May to 2.3% in June and climbing to 2.7% in July.
As for core inflation (excluding unprocessed food and energy products), it increased by one tenth, to 2.4%, the highest rate since April.
In monthly rate, consumer prices remained stable compared to July (0.0%), according to this advance indicator of the CPI.
"The stability of prices and wage increases are allowing families to progressively recover their purchasing power," the Ministry of Economy has assessed.
As for the harmonized index of consumer prices (HICP), in the month of August the estimated annual rate of change remains stable and stands at that same 2.7%, while the estimated annual rate of the core is 2.4% and the monthly rate is 0.0%.
The confirmed data and the details of the evolution of all groups will be published on September 12.