Portugal Inflation Rate  1961-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Portugal increased 1.6 percent year-on-year in February of 2017, following a 1.3 percent rise in January. The inflation rate accelerated for the third straight month to the highest since December of 2012 amid rising food cost and oil prices that boosted transport cost. Inflation Rate in Portugal averaged 8.80 percent from 1961 until 2017, 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.

Portugal Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-11 11:00 AM Dec 0.9% 0.6% 1.4% 0.8%
2017-02-10 11:00 AM Jan 1.3% 0.9% 1.1%
2017-03-10 11:00 AM Feb 1.6% 1.3% 1.6% 1.5%
2017-04-12 10:00 AM Mar 1.6% 1.70%
2017-05-11 10:00 AM Apr 1.78%
2017-06-09 10:00 AM May 1.85%




Portugal Inflation Rate Rises to 1.6% In February


Consumer prices in Portugal increased 1.6 percent year-on-year in February of 2017, following a 1.3 percent rise in January. The inflation rate accelerated for the third straight month to the highest since December of 2012 amid rising food cost and oil prices that boosted transport cost.

Year-on-year, prices rose faster for food and non-alcoholic beverages (2.4 percent compared to 1.3 percent in January); transport (5.9 percent compared to 5.4 percent); restaurants and hotels (1.9 percent from 1.6 percent) and recovered for miscellaneous goods and services (0.4 percent compared to -0.1 percent). In contrast, inflation slowed for housing and utilities (0.1 percent compared to 0.5 percent) and recreation and culture (0.8 percent compared to 1.4 percent). In addition, prices fell further for clothing and footwear (-1.8 percent compared to -0.7 percent). 

On a monthly basis, consumer prices edged down 0.2 percent, following a 0.6 percent drop in January. 

The harmonized index rose 1.6 percent year-on-year and fell 0.2 percent on the month. 

INE | Joana Taborda | joana.taborda@tradingeconomics.com
3/10/2017 11:35:54 AM



Portugal Prices Last Previous Highest Lowest Unit
Inflation Rate 1.60 1.30 53.90 -1.60 percent [+]
Inflation Rate Mom -0.20 -0.60 8.30 -5.60 percent [+]
Harmonised Consumer Prices 99.85 100.05 101.69 43.89 Index Points [+]
Consumer Price Index CPI 100.65 100.89 101.96 1.09 Index Points [+]
Core Consumer Prices 100.49 100.66 102.47 4.95 Index Points [+]
Core Inflation Rate 0.61 0.51 31.27 -0.57 percent [+]
Producer Prices 100.00 100.80 107.60 92.20 Index Points [+]
Producer Prices Change 4.00 3.70 7.70 -7.30 percent [+]
Cpi Transportation 97.66 96.63 101.63 3.31 Index Points [+]
Food Inflation 2.37 1.33 38.68 -6.33 percent [+]
GDP Deflator 1.30 1.30 4.50 -1.10 percent [+]



Portugal Inflation Rate Notes

In Portugal, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The most important categories in the Portuguese consumer price index are Food and non-alcoholic beverages (20.8 percent of the total weight), Transport (14 percent), Miscellaneous Goods and Services (10.4 percent) and Housing, water, electricity, gas and other fuels (10.3 percent). Restaurants and Hotels account for 8.6 percent, Recreation and Culture for 7.2 percent and Clothing and Footwear for 6.9 percent. The index also includes: Health (6.3 percent) and Furnishings, household equipment and routine maintenance of the house (6.2 percent). Alcoholic beverages and tobacco, Communication and Education account for the remaining 9.4 percent. This page provides - Portugal Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Inflation Rate - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.30 53.90 -1.60 1961 - 2017 percent Monthly
2012=100



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