Portugal PPI falls at slower rate in August
The producer price index (PPI) dropped 3.0 percent year-over-year in August, following a 3.4 percent decrease in July.
Excluding the energy group, producer prices slid 1.3 percent annually in August, after a 1.1 percent fall a month ago.
Month-on-month, producer prices went down 0.4 percent from July, when it decrease by 0.5 percent. It was the second successive monthly decline. ■