Portugal Inflation Rate

The inflation rate in Portugal was recorded at -0.42 percent in June of 2014. Inflation Rate in Portugal averaged 9.22 Percent from 1961 until 2014, reaching an all time high of 53.90 Percent in May of 1977 and a record low of -1.60 Percent in June of 2009. Inflation Rate in Portugal is reported by the Statistics Portugal.

   
 
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Portugal Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
-0.42 -0.44 53.90 -1.60 1961 - 2014 Percent Monthly
2012=100
In Portugal, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Portugal Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.


Portugal Inflation Rate Unchanged at -0.4%


Portuguese consumer prices decreased by an annual 0.4 percent in June of 2014, the same rate recorded in the previous month, as prices of food and non-alcoholic beverages fell again.

The largest downward pressure on the overall annual inflation rate came from prices of food and non-alcoholic beverages which fell 2.53 percent in June, following a 2.33 percent drop in May. Increases in prices of housing, water, electricity, gas and other fuels (2.32 percent in June from 2.15 percent in May) and alcoholic beverages and tobacco (2.88 percent vs 2.14 percent) led to an opposite effect.  

On a monthly basis, consumer prices rose 0.1 percent, rebounding from a 0.1 percent fall in May. The main upward contribution came from transport prices, while cost of clothing, footwear and communications fell.  

The harmonized annual inflation increased slightly to -0.2 percent in June, from -0.3 percent in May and the monthly rate was recorded at 0.1 percent.  

INE | Joana Taborda | joana.taborda@tradingeconomics.com
7/10/2014 12:56:30 PM


Recent Releases

Portugal Inflation Rate at -0.4%
Portuguese consumer prices fell for the fourth straight month by an annual 0.4 percent in May of 2014, following a 0.1 percent drop in the previous month, driven by lower food cost. Published on 2014-06-12

Portugal Inflation Rate Falls 0.1% in April
Portuguese consumer prices declined 0.1 percent on the year in April of 2014, slightly up from a 0.4 percent fall in the previous month. Higher prices of housing and tobacco were not enough to offset a drop in food prices. Published on 2014-05-13


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-04-10 11:00 AM Portugal
Inflation Rate YoY
Mar 2014 -0.4% -0.1% 0.64%
2014-05-13 11:00 AM Portugal
Inflation Rate YoY
Apr 2014 -0.10% -0.4% -0.2% 0.1%
2014-06-12 11:00 AM Portugal
Inflation Rate YoY
May 2014 -0.4% -0.1% -0.2% -0.3%
2014-07-10 11:00 AM Portugal
Inflation Rate YoY
Jun 2014 -0.42% -0.4% 0.2%
2014-08-12 11:00 AM Portugal
Inflation Rate YoY
Jul 2014 -0.42% -0.2%


Prices Last Previous Highest Lowest Unit
Inflation Rate -0.42 -0.44 53.90 -1.60 Percent [+]
Inflation Rate Mom 0.07 -0.13 8.35 -5.62 Percent [+]
Consumer Price Index (CPI) 100.45 100.37 100.87 1.10 Index Points [+]
Core Inflation Rate 0.01 -0.01 31.27 -0.58 Percent [+]
Harmonised Consumer Prices 116.84 116.75 117.13 114.67 Index Points [+]





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