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Portugal PPI Inflation Accelerates For Second Month

Portugal's producer price inflation accelerated for the second successive month in September, figures from Statistics Portugal showed Thursday.

Industrial producer prices climbed 2.7 percent year-over-year in September, faster than the 2.5 percent increase in August. The measure has been rising since December 2016.

Excluding the energy grouping, producer price inflation rose to 1.5 percent in September from 1.2 percent in the prior month.

Month-on-month, producer prices increased 0.3 percent from August, when it edged up by 0.1 percent.

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