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||0.35||-1.90 %||Jul 31|
|Exchange Rate||1.11||0.65 %||Jul 31|
|Stock Market||5,011||-0.02 %||Jul 31|
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August 14, 2019
According to preliminary estimates released by the Statistical Institute (INE) on 14 August, the economy grew 0.5% in quarter-on-quarter, seasonally-adjusted terms in Q2, matching the previous quarter’s print.
July 30, 2019
Consumers were less downbeat in July compared to June, with the consumer confidence index climbing to minus 6.4 points from minus 8.4 points in June, marking the best reading since October 2018.
July 30, 2019
The industrial sector slumped sharply in June, with the rate of decline deteriorating from May.
July 1, 2019
The industrial sector showed improvement in May, with the rate of decline easing compared to April.
June 27, 2019
Consumers turned slightly more optimistic in June, with the consumer confidence index rising to minus 8.4 points from minus 9.0 points in May.