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

The inflation rate in Portugal was recorded at -0.40 percent in December of 2014. Inflation Rate in Portugal averaged 9.13 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.

      Forecast    
Portugal Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
-0.40 0.00 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. Content for - Portugal Inflation Rate - was last refreshed on Friday, January 30, 2015.


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.

The largest downward pressure came from prices of transport (-4.38 percent) and clothing and footwear (-1.84 percent). Cost of leisure and culture contracted 1.24 percent and food and non-alcoholic beverages went down 0.38 percent. In contrast, prices of housing, water, electricity and gas (+1.92 percent) and restaurants and hotels (+1.64 percent) recorded the highest increases.

Annual core inflation rate, which excludes energy and unprocessed food, was 0.3 percent in December, the same as in November.

On a monthly basis, consumer prices were unchanged, after a 0.2 drop in November.

The harmonised index decreased to -0.3 percent. 

INE | Carolina Cunha | carolina.cunha@tradingeconomics.com
1/13/2015 12:12:23 PM


Recent Releases

Portugal Inflation Rate at 0% in November
Portuguese consumer prices were flat in November of 2014 from a year earlier, the same as in October. Downward pressures came mainly from lower transport cost. Published on 2014-12-11

Portuguese CPI Unchanged in October
Cost of goods and services in Portugal remained the same in October of 2014 compared to 0.4 percent drop reported in September. It was the first time in eight months consumer price index did not fall. Published on 2014-11-13


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-11-12 11:00 AM
Inflation Rate YoY  Oct
0.0% -0.4% -0.3% -0.26%
2014-12-11 11:00 AM
Inflation Rate YoY  Nov
0.0% 0.0% 0.2% 0.18%
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% -0.35%
2015-03-11 11:00 AM
Inflation Rate YoY  Feb
-0.24%
2015-04-13 11:00 AM
Inflation Rate YoY  Mar
-0.12%


Portugal Prices Last Previous Highest Lowest Unit
Inflation Rate -0.40 0.00 53.90 -1.60 percent [+]
Inflation Rate Mom 0.00 -0.20 8.30 -5.60 percent [+]
Consumer Price Index CPI 100.20 100.22 100.87 1.09 Index Points [+]
Core Inflation Rate 0.25 0.31 31.27 -0.57 percent [+]
Harmonised Consumer Prices 116.27 116.27 117.13 51.25 Index Points [+]
Core Consumer Prices 100.99 100.69 100.99 4.95 Index Points [+]
Food Inflation -0.38 -0.53 38.68 -6.33 percent [+]
Producer Prices 104.90 106.90 111.00 97.60 Index Points [+]
Producer Prices Change -3.30 -1.06 7.80 -3.30 Percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.70 Nov/14 2.30 23.90 -1.30 percent [+]
Brazil 6.41 Dec/14 6.56 6821.31 1.65 percent [+]
Canada 1.50 Dec/14 2.00 21.60 -17.80 percent [+]
China 1.50 Dec/14 1.40 28.40 -2.20 percent [+]
Euro Area -0.60 Jan/15 -0.20 5.00 -0.70 percent [+]
France 0.10 Dec/14 0.30 18.80 -0.70 percent [+]
Germany -0.30 Jan/15 0.20 11.54 -7.62 percent [+]
India 5.00 Dec/14 4.38 11.16 4.38 percent [+]
Indonesia 8.36 Dec/14 6.23 82.40 -1.17 percent [+]
Italy 0.00 Dec/14 0.19 25.64 -2.44 percent [+]
Japan 2.40 Dec/14 2.40 25.00 -2.52 percent [+]
Mexico 4.08 Dec/14 4.17 179.73 2.91 percent [+]
Netherlands 0.70 Dec/14 1.00 11.19 -1.30 percent [+]
Russia 11.40 Dec/14 9.10 2333.30 3.60 percent [+]
South Korea 0.80 Dec/14 1.00 32.50 0.20 percent [+]
Spain -1.40 Jan/15 -1.00 28.43 -1.40 percent [+]
Switzerland -0.30 Dec/14 -0.10 11.92 -1.37 percent [+]
Turkey 8.17 Dec/14 9.15 138.71 -4.01 percent [+]
United Kingdom 0.50 Dec/14 1.00 8.50 0.50 percent [+]
United States 0.80 Dec/14 1.30 23.70 -15.80 percent [+]