The industrial producer prices in Portugal had the twelfth consecutive annual decline in July 2014, down 0.8%.
According to the National Statistics Institute, the Index of Industrial Production Prices (IPPI) Portuguese rose 0.3% last July from the previous month to 108.7, but down 0.8% from the same month of 2013.
“The grouping of intermediate goods showed the most influential contribution to the change in the total index, -0.5 percentage points (pp), as a result of annual rate of change of -1.6% “, said the INE.
In terms monthly, the IPPI was up 0.3% in July, after no change the previous month, supported the rise of the clustering of Energy, which went from a variation of 0.4% in June to 0.8% in July.
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