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

The inflation rate in Portugal was recorded at 0.80 percent in July of 2015. Inflation Rate in Portugal averaged 9.04 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.

Portugal Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.80 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 Thursday, September 3, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-11 11:00 AM May 1.0% 0.4% 0.6% 0.5%
2015-07-10 11:05 AM Jun 0.8% 1.0% 0.9% 0.59%
2015-08-12 11:00 AM Jul 0.8% 0.8% 0.9% 0.7%
2015-09-10 11:00 AM Aug 0.8% 0.98
2015-10-09 11:00 AM Sep 1.12
2015-11-12 11:00 AM Oct 1.18


Portugal Inflation Rate Steady in July


Portuguese annual inflation rate was recorded at 0.8 percent in July of 2015, the same pace as in the previous month and below market expectations. A slowdown in prices of food and housing was enough to offset an increase in cost of miscellaneous goods and services and higher prices of furnishing and household equipment.

Year-on-year, prices of food and non-alcoholic beverages increased at a slower 1.5 percent from 2 percent in June. Also, housing and utilities inflation eased to 0.2 percent from 0.6 percent in the previous month. Meanwhile, prices of miscellaneous goods and services were up 0.4 percent, after remaining stable for the last three months; and furnishing and household equipment inflation accelerated to 1.2 percent, compared to 0.8 percent in June.

Additional upward pressure came from: alcoholic beverages and tobacco (+5 percent); communication (+5 percent); restaurants and hotels (+1.4 percent); and education (+0.6 percent). In contrast, prices of clothing and footwear (-2.9 percent), recreation and culture (-0.5 percent) and transportation (-0.4 percent) declined.

Core inflation was recorded at 0.70 percent, up 0.1 p.p. compared to the previous month.

On a monthly basis, consumer prices fell a more-than-expected 0.7 percent, after declining 0.1 percent last month. Prices of clothing and footwear declined 14.1 percent (-1.9 percent in June) and food cost went down by 0.3 percent (+0.1 percent in June).

The harmonized consumer price index increased by 0.7 percent year-on-year while decreased by 0.7 percent compared to June.

INE | joana.ferreira@tradingeconomics.com
8/12/2015 12:11:37 PM


Recent Releases

Portugal Inflation Rate Eases in June
Portuguese consumer prices increased 0.80 percent year-on-year in June of 2015, slightly down from a 0.95 percent growth in May, as cost of clothing and footwear fell at a faster pace and transport prices declined.
Published on 2015-07-10

Portugal Inflation Rate at 2-1/2-Year High
Consumer prices in Portugal increased 1 percent year-on-year in May of 2015. It is the highest rate since December of 2012 driven by food and transport prices.
Published on 2015-06-11

Portugal Inflation Rate Rebounds Further in April
Consumer prices in Portugal rose 0.40 percent year-on-year in April of 2015, after increasing 0.31 percent in March as cost of food products and alcoholic beverages and tobacco accelerated.
Published on 2015-05-13

Prices in Portugal Rise for the First Time in 13 Months
Consumer prices in Portugal increased 0.31 percent year-on-year in March of 2015, after declining 0.21 percent in the previous month as cost of restaurants and hotels, and communication rose the most.
Published on 2015-04-13


Portugal Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 0.80 53.90 -1.60 percent [+]
Inflation Rate Mom -0.70 -0.10 8.30 -5.60 percent [+]
Consumer Price Index CPI 100.52 101.26 101.33 1.09 Index Points [+]
Core Inflation Rate 0.73 0.60 31.27 -0.57 percent [+]
Harmonised Consumer Prices 116.94 117.77 117.86 51.25 Index Points [+]
Core Consumer Prices 100.63 101.43 101.59 4.95 Index Points [+]
Food Inflation 1.53 1.95 38.68 -6.33 percent [+]
Gdp Deflator 0.60 0.50 4.50 -1.10 percent [+]
Producer Prices 106.00 106.40 111.00 97.60 Index Points [+]
Producer Prices Change -2.50 -1.90 7.80 -4.20 Percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.50 Jun/15 1.30 23.90 -1.30 percent [+]
Brazil 9.56 Jul/15 8.89 6821.31 1.65 percent [+]
Canada 1.30 Jul/15 1.00 21.60 -17.80 percent [+]
China 1.60 Jul/15 1.40 28.40 -2.20 percent [+]
Euro Area 0.20 Aug/15 0.20 5.00 -0.70 percent [+]
France 0.20 Jul/15 0.30 18.80 -0.70 percent [+]
Germany 0.20 Aug/15 0.20 11.54 -7.62 percent [+]
India 3.78 Jul/15 5.40 11.16 3.78 percent [+]
Indonesia 7.18 Aug/15 7.26 82.40 -1.17 percent [+]
Italy 0.20 Aug/15 0.20 25.64 -0.60 percent [+]
Japan 0.20 Jul/15 0.40 25.00 -2.52 percent [+]
Mexico 2.74 Jul/15 2.87 179.73 2.74 percent [+]
Netherlands 1.00 Jul/15 1.00 11.19 -1.30 percent [+]
Russia 15.60 Jul/15 15.30 2333.30 3.60 percent [+]
South Korea 0.70 Aug/15 0.70 32.50 0.20 percent [+]
Spain -0.40 Aug/15 0.10 28.43 -1.37 percent [+]
Switzerland -1.30 Jul/15 -1.00 11.92 -1.37 percent [+]
Turkey 6.81 Jul/15 7.20 138.71 -4.01 percent [+]
United Kingdom 0.10 Jul/15 0.00 8.50 -0.10 percent [+]
United States 0.20 Jul/15 0.10 23.70 -15.80 percent [+]