Portugal Inflation Rate

The inflation rate in Portugal was recorded at 0.20 percent in April of 2013. Inflation Rate in Portugal is reported by the Instituto Nacional de Estatistica. Historically, from 1961 until 2013, Portugal Inflation Rate averaged 9.41 Percent 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. In Portugal, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page includes a chart with historical data for Portugal Inflation Rate.

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Portugal Inflation Rate
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Portugal Inflation Rate Down to 0.2% in April
INE | Nuno Fontes | nuno@tradingeconomics.com  |  5/13/2013 11:06:35 AM


In April 2013, the annual inflation rate measured by the CPI decreased 0.3 p.p. to 0.2 percent, comparing with the rate observed in the previous month. The CPI 12-month average rate of change decreased from 2.0 percent in March to 1.7 percent in April. The core inflation index, which excludes unprocessed food and energy, was 0.8 percent (1.0 percent in March).

The largest downward pressure on the overall annual rate of change came from changes in prices of transports. In national terms, in April 2013, compared with March 2013, the average value of rents by net area increased 0.2 percent.
 
The 12-month core inflation rate, which excludes unprocessed food and energy, decreased 0.2 p.p. comparing with the rate observed in March to 0.8 percent in April. The main reductions were recorded in housing, water, electricity, gas and other fuels and transports.
 
In April, the CPI monthly rate was 0.0 percent (1.7 percent in March 2013 and 0.3 percent in April 2012). This result was mostly due to the contribution of changes in prices of clothing and footwear transports.
 
In March 2013 the gap between the Portuguese and the Euro-area HICP 12-month average rate was -0.3 p.p.. In April, the Portuguese HICP 12-month average rate is 0.4 p.p. lower than Eurostat's flash estimate for the whole area.

ARCHIVE
Portugal Inflation Rate Up to 0.5% in March
In Portugal, the annual inflation rate measured by the CPI increased 0.5 p.p. to 0.5 percent, comparing with the rate observed in the previous month. The CPI 12-month average rate of change moved from 2.2 percent in February to 2.0 percent in March. The core inflation index, which excludes unprocessed food and energy, was 1.0 percent (1.1 percent in February). 2013-04-10

Portugal Inflation Rate Down to 0.2 Percent in January
In January 2013, the CPI recorded an annual increase of 0.2%. This result was mainly due to the cancellation in the CPI of the base effect of tax changes introduced in January 2012, in particular VAT. 2013-02-12

Portugal Inflation Rate Down to 0.0 Percent in February
In February 2013, the annual inflation rate measured by the CPI decreased 0.2 percentage points to 0.0 percent, comparing with the observed in the previous month. The annual core inflation rate, moved from 0.3 percent in January 2013 to -0.5 percent. 2013-03-12




Inflation Rate | Notes

The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.






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