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||1.65||-1.90 %||Jan 16|
|Exchange Rate||1.14||0.65 %||Jan 16|
|Stock Market||4,999||-0.02 %||Jan 16|
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January 3, 2019
According to the National Statistics Institute’s (INE) survey of consumer sentiment released on 3 January, consumer confidence rose slightly in December but remained in pessimistic territory.
November 30, 2018
Portugal’s industrial sector contracted for the sixth consecutive month in October, with output declining 0.3% year-on-year, matching revised September’s reading (previously reported: -0.1% year-on-year).
November 30, 2018
Detailed national accounts data, released by the Statistical Institute on 30 November, confirmed that the economy decelerated in the third quarter due to a contraction in exports amid a wider cooling in the Eurozone.
November 29, 2018
According to the National Statistics Institute’s (INE) survey of consumer sentiment released on 29 November, consumer confidence deteriorated markedly in November, tumbling to minus 3.4 points from minus 0.4 points in October.
November 14, 2018
According to a flash GDP estimate released by the National Statistical Institute (INE) on 14 November, the economy lost pace in the third quarter, with economic growth in quarter-on-quarter, seasonally-adjusted terms weakening to 0.3% from an 0.6% expansion in the second quarter.