Inflation in Portugal
Portugal - Inflation
Inflation inches down in February
In February, consumer prices remained flat over the previous month, following the 0.6% increase recorded in January and were slightly below the 0.1% rise tallied in February 2010. As a result, annual inflation inched down to 3.5% in February (January: 3.6% year-on-year). The reading showed that lower prices for clothing and footwear were completely offset by higher energy costs. Meanwhile, annual core inflation, which excludes prices of unprocessed food and energy, decreased from 2.1% in January to 1.9% in February. Annual average HICP inflation (based on the harmonized index of consumer prices) rose for the 12th consecutive month, stepping up from 1.7% in January to 2.0% in February, which represented a two-year high.
Portugal - Inflation Data
|Inflation Rate (CPI, annual variation in %)||0.3||-0.3||0.5||0.6||1.4|
5 years of economic forecasts for more than 30 economic indicators.
Portugal Inflation Chart
Source: Statistics Portugal (INE).
|Bond Yield||0.17||-1.90 %||Sep 04|
|Exchange Rate||1.10||0.65 %||Sep 04|
|Stock Market||4,931||-0.02 %||Sep 04|
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September 30, 2019
Industrial activity deteriorated in August, with production contracting at a sharper pace of 4.8% in annual terms.
September 27, 2019
Consumers became slightly less pessimistic in September, with the consumer confidence index rising to minus 7.2 points from minus 7.8 points in August.
September 20, 2019
Portugal is set to hold parliamentary elections on 6 October, testing whether Prime Minister António Costa will be able to strengthen his mandate to govern.
August 30, 2019
Detailed national accounts released on 30 August confirmed that the economy grew 0.5% in quarter-on-quarter, seasonally-adjusted terms in Q2 (Q1: +0.5% quarter-on-quarter).
August 30, 2019
The industrial sector showed improvement in July, with the rate of contraction easing from a revised 5.5% in June (previously reported: -5.8% year-on-year) to 3.5%.