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Portugal inflation speeds up to 3.6% year-on-year in September

Portuguese consumer prices rose 3.6% y/y in September, up from 3.3% in August, driven by higher fuel prices, with core inflation at 2.7% y/y and monthly prices up 1.2% after flat in August.

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3% in the previous month, according to preliminary data from the National Statistics Institute (INE) released on Sept 30. 6% in August. 2% this month after a flat reading in August.