Portugal's monthly unemployment rate slipped to 6.2% in August from 6.3% in July, the National Statistics Institute (INE) said in its flash estimate on Friday.

The labour underutilisation rate stood at 11.5% after 11.6% in July.

The youth unemployment rate, among people aged between 16 and 24, increased to 20.3% in August, from 20.1% in the previous month and from 18.8% a year ago, the INE said.

(Reporting by Jakub Olesiuk, editing by Andrei Khalip)