Portugal Producer Prices Recover In March

Portuguese producer prices rose in March, Statistics Portugal showed on Monday.

The producer price index rose by 0.7 per cent year-on-year in March after falling by 2.0 per cent in February.

Excluding the energy group, producer prices rose 1.7 percent a year in March, after rising 0.6 percent last month.

Energy prices fell by 3.4 per cent in March each year, while prices of investment products fell by 0.7 per cent.

Producer prices increased unchanged in March compared to the previous month.

In the first quarter, producer prices fell by 1.5 per cent year-on-year, after falling by 4.5 per cent in the previous quarter.

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