September 2024
The CPI leading indicator places its annual variation at 1.5% in September, eight tenths below that registered in August.
The annual rate of the leading indicator of core inflation decreases three tenths, to 2.4%.
The annual variation of the IPCA leading indicator is 1.7%
The estimated annual inflation of the CPI in September 2024 is 1.5%, according to the leading indicator prepared by the INE.
This indicator provides an advance of the CPI which, if confirmed, would mean a decrease of eight tenths in its annual rate, since in the month of August this variation was 2.3%.
This evolution is mainly due to the decrease in fuel prices, and also, although to a lesser extent, to the decrease in food and electricity prices, compared to the increase in September 2023. Leisure and culture also influence, whose prices fall more intensely than in the same month of the previous year.
The estimated annual variation rate of core inflation (general index without unprocessed food or energy products) decreases three tenths, to 2.4%.
Monthly rate evolution
Consumer prices registered a rate of -0.6% in September compared to the month of August, according to the CPI leading indicator.
Harmonized Consumer Price Index (HICP)
In the month of September, the estimated annual variation rate of the IPCA stands at 1.7%, seven tenths below that registered the previous month.
For its part, the estimated monthly variation of the IPCA is -0.1%.
More information at INE
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