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||1.32||-1.90 %||Mar 20|
|Exchange Rate||1.14||0.65 %||Mar 20|
|Stock Market||5,266||-0.02 %||Mar 20|
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March 1, 2019
Portugal’s industrial sector contracted at a sharper pace in January amid a broad-based slowdown in the Eurozone, marking the third consecutive month of decline.
February 28, 2019
Detailed national accounts data, released by the Statistical Institute on 28 February, confirmed that the economy picked up slightly in the final quarter of 2018.
Portugal: Consumer confidence continues to tumble, while economic sentiment sees marginal improvement
February 27, 2019
According to the National Statistics Institute’s (INE) survey of consumer sentiment released on 27 February, consumer confidence deteriorated for the fifth consecutive month in February.
February 14, 2019
According to a flash GDP estimate released by the National Statistical Institute (INE) on 14 February, the economy picked up in the final quarter of last year, with economic growth in quarter-on-quarter, seasonally-adjusted terms inching up to 0.4% from a 0.3% expansion in the third quarter.
January 30, 2019
Portugal’s industrial output fell for the eighth consecutive month in December, although the rate of contraction eased markedly.