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 %)||0.5||0.6||1.4||1.0||0.3|
5 years of economic forecasts for more than 30 economic indicators.
Portugal Inflation Chart
Source: Statistics Portugal (INE).
|Bond Yield||0.45||-1.90 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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June 30, 2020
Industrial output collapsed 26.0% year-on-year in May, which followed the record-breaking 27.4% plunge in April.
Portugal: Consumer and business sentiment gain traction in June but remain deep in pessimistic territory
June 29, 2020
Consumer sentiment rose again from minus 32.1 in May to minus 25.7 in June on the back of continued easing of Covid-19-related restrictions.
June 1, 2020
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) bounced back from April’s record-low of 31.9 to 40.6 in May, but was still weighed on by protracted lockdown measures.
June 1, 2020
Industrial production collapsed an unprecedented 25.9% year-on-year in April (March: -6.8% year-on-year) due to activity restrictions amid the measures enacted to contain Covid-19’s spread.
May 29, 2020
GDP plunged 3.8% in seasonally-adjusted, quarter-on-quarter terms in Q1 2020 (Q4 2019: +0.7% s.a.