Portugal’s consumer price inflation moderated slightly in June amid a reduction in fuel prices, preliminary data from Statistics Portugal showed on Tuesday.
The consumer price index rose 3.2 percent annually in June, slower than the 3.3 percent increase in May.
The annual price growth in energy products moderated to 9.1 percent from 13.1 percent, reflecting the reduction in fuel prices. Inflation based on unprocessed food also softened to 5.2 percent from 5.7 percent.
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