Portugal Inflation Rate 1961-2015 | Data | Chart | Calendar | Forecast

The inflation rate in Portugal was recorded at -0.20 percent in February of 2015. Inflation Rate in Portugal averaged 9.09 percent from 1961 until 2015, 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.

      Forecast    
Portugal Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -0.40 53.90 -1.60 1961 - 2015 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. Content for - Portugal Inflation Rate - was last refreshed on Wednesday, April 1, 2015.


Portugal Deflation Slows


Portuguese consumer prices fell 0.2 percent year-on-year in February, slowing from a 0.4 percent drop in the previous month. Although transport cost fell at a slower pace, prices of clothing and footwear declined further due to the discount period.

The largest downward pressure came from transport prices (-2.8 percent in February from -4.2 percent in January), mainly due to fuels and lubricants. Prices of clothing and footwear dropped 1.8 percent (-1.5 percent in the previous month) and cost of recreation and culture decreased at a faster 1.5 percent (-1.3 percent in January).

In contrast, upward pressures came from prices of restaurants and hotels (1.8 percent from 1.3 percent in January) and alcoholic beverages and tobacco (3.2 percent from 3.1 percent).

On a monthly basis, consumer prices fell 0.1 percent in February, after declining 1.4 percent in January. The highest downward pressure came from clothing and footwear (-5.2 percent) due to the regular discount period while transport rebounded from last month’s fall and rose 1.9 percent. 

The harmonized index fell 0.1 percent on a yearly basis and was flat compared with the previous month. 

INE | Joana Taborda | joana.taborda@tradingeconomics.com
3/11/2015 11:31:45 AM


Recent Releases

Portugal Inflation Rate at -0.4% in January
Portuguese consumer prices fell by an annual 0.4 percent in January of 2015, the same as in December of 2014, largely due to an 8 percent drop in energy cost. Published on 2015-02-11

Deflation is Back in Portugal in December
Consumer prices in Portugal dropped by 0.4 percent in December of 2014, after being flat in the last two months as lower gasoline cost pushed transport prices lower. Published on 2015-01-13


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-01-13 11:00 AM
Inflation Rate YoY  Dec
-0.4% 0% 0.1%
2015-02-11 11:00 AM
Inflation Rate YoY  Jan
-0.4% -0.4% -0.4% -0.4%
2015-03-11 11:00 AM
Inflation Rate YoY  Feb
-0.2% -0.4% -0.1% -0.13%
2015-04-13 11:00 AM
Inflation Rate YoY  Mar
-0.2% -0.12%
2015-05-13 11:00 AM
Inflation Rate YoY  Apr
-0.01%
2015-06-12 11:00 AM
Inflation Rate YoY  May
0.1%


Portugal Prices Last Previous Highest Lowest Unit
Inflation Rate -0.20 -0.40 53.90 -1.60 percent [+]
Inflation Rate Mom -0.10 -1.40 8.30 -5.60 percent [+]
Consumer Price Index CPI 98.71 98.78 100.87 1.09 Index Points [+]
Core Inflation Rate 0.27 0.28 31.27 -0.57 percent [+]
Harmonised Consumer Prices 114.56 114.54 117.13 51.25 Index Points [+]
Core Consumer Prices 98.95 99.17 100.99 4.95 Index Points [+]
Food Inflation 0.00 -0.13 38.68 -6.33 percent [+]
Producer Prices 104.80 104.00 111.00 97.60 Index Points [+]
Producer Prices Change -3.40 -4.10 7.80 -4.10 Percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.70 Nov/14 2.30 23.90 -1.30 percent [+]
Brazil 7.70 Feb/15 7.14 6821.31 1.65 percent [+]
Canada 1.00 Feb/15 1.00 21.60 -17.80 percent [+]
China 1.40 Feb/15 0.80 28.40 -2.20 percent [+]
Euro Area -0.10 Mar/15 -0.30 5.00 -0.70 percent [+]
France -0.30 Feb/15 -0.40 18.80 -0.70 percent [+]
Germany 0.30 Mar/15 0.09 11.54 -7.62 percent [+]
India 5.37 Feb/15 5.19 11.16 4.38 percent [+]
Indonesia 6.29 Feb/15 6.96 82.40 -1.17 percent [+]
Italy -0.09 Mar/15 -0.09 25.64 -0.60 percent [+]
Japan 2.20 Feb/15 2.40 25.00 -2.52 percent [+]
Mexico 3.00 Feb/15 3.07 179.73 2.91 percent [+]
Netherlands 0.14 Feb/15 0.00 11.19 -1.30 percent [+]
Russia 16.70 Feb/15 15.00 2333.30 3.60 percent [+]
South Korea 0.40 Mar/15 0.50 32.50 0.20 percent [+]
Spain -0.70 Mar/15 -1.10 28.43 -1.37 percent [+]
Switzerland -0.80 Feb/15 -0.50 11.92 -1.37 percent [+]
Turkey 7.55 Feb/15 7.24 138.71 -4.01 percent [+]
United Kingdom 0.00 Feb/15 0.30 8.50 0.00 percent [+]
United States 0.00 Feb/15 -0.10 23.70 -15.80 percent [+]