Portugal Inflation Rate 1961-2014 | Data | Chart | Calendar | Forecast

The inflation rate in Portugal was recorded at -0.40 percent in September of 2014. Inflation Rate in Portugal averaged 9.17 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.

   
 
 

Portugal Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
-0.40 -0.40 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 Tuesday, October 21, 2014.


Portugal Inflation Rate Steady at -0.4%


Portuguese annual inflation rate was recorded at -0.4 percent in September of 2014, unchanged from August. The country has been facing deflation since February of 2014.

Year-on-year, the main upward pressures came from prices of housing, water, electricity, gas and other fuels (2.3 percent) and alcoholic beverages and tobacco (3.4 percent). In contrast, cost of food and non-alcoholic beverages fell 2.2 percent (from a 3.2 percent drop in August) and prices of recreation and culture decreased 2.4 percent (from -1 percent in August).

Annual core inflation rate decreased to 0.1 percent in September from 0.4 percent in August. 

The monthly inflation rate turned positive to 0.6 percent (-0.2 percent in August). The main upward contribution came from prices of clothing and footwear (21.1 percent). On the opposite side, decreases were observed in transport cost (-4 percent). 

The EU harmonized annual inflation rate was 0 percent in September, up from -0.1 percent in August.

INE | Ricardo Martins | ricardo.martins@tradingeconomics.com
10/10/2014 11:40:42 AM


Recent Releases

Portugal Inflation Rate at -0.4% in August
Portuguese annual inflation rate was recorded at -0.4 percent in August of 2014, following a 0.9 percent drop in July. The inflation remained in negative territory for the sixth consecutive month due to falling food prices. Published on 2014-09-10

Deflation Deepens in Portugal
Portuguese annual inflation rate declined further to -0.9 percent in July of 2014 from a -0.4 percent in the previous month mostly due to lower cost of clothing and footwear and food. Published on 2014-08-12


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-07-10 11:00 AM Portugal
Inflation Rate YoY
Jun 2014 -0.42% -0.4% 0.2%
2014-08-12 11:00 AM Portugal
Inflation Rate YoY
Jul 2014 -0.9% -0.42% -0.2% -0.2%
2014-09-10 11:00 AM Portugal
Inflation Rate YoY
Aug 2014 -0.4% -0.9% -0.8% -0.83%
2014-10-10 11:00 AM Portugal
Inflation Rate YoY
Sep 2014 -0.4% -0.4% -0.2% -0.17%
2014-11-12 11:00 AM Portugal
Inflation Rate YoY
Oct 2014 -0.4% -0.26%


Portugal Prices Last Previous Highest Lowest Unit
Inflation Rate -0.40 -0.40 53.90 -1.60 Percent [+]
Inflation Rate Mom 0.60 -0.20 8.35 -5.62 Percent [+]
Consumer Price Index CPI 100.09 99.53 100.87 1.09 Index Points [+]
Core Inflation Rate 0.10 0.35 31.27 -0.57 Percent [+]
Harmonised Consumer Prices 116.12 116.84 117.13 114.67 Index Points [+]
Core Consumer Prices 100.48 99.73 100.86 4.95 Index Points [+]
Food Inflation -2.19 -3.17 38.68 -6.33 Percent [+]