The National Statistics Institute (INE) announced today that the year-on-year rate of change in the Consumer Price Index (CPI) increased to 9.3% in September, compared to 8.9% in August, reaching the maximum since October 1992.
According to the quick estimate released by the statistical institute, “based on the information already gathered, the year-on-year rate of change in the Consumer Price Index (CPI) will have increased to 9.3% in September, a rate higher by 0.4 percentage points (pp) to that observed in the previous month, and the highest since October 1992”.
As for the underlying inflation indicator (total index excluding unprocessed food and energy products), it registered a variation of 6.9% in September (6.5% in the previous month), the highest level since February 1994.
Source Lusa
