Producer Prices in Portugal
Portugal - Producer Prices
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 - Producer Prices Data
|Inflation (PPI, annual variation in %)||-3.3||-2.7||3.3||2.7||0.0|
5 years of economic forecasts for more than 30 economic indicators.
Portugal Producer Prices Chart
Source: Bank of Portugal (BP).
|Bond Yield||0.45||-1.90 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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Portugal: Second estimate confirms economy rebounded sharply in Q3, but strong momentum will not carry into Q4
November 13, 2020
A second GDP estimate released by the National Statistics Institute on 13 November showed the economy rebounded 13.3% in seasonally-adjusted quarter-on-quarter terms in Q3, after contracting 13.9% in Q2.
November 2, 2020
Industrial output increased 2.9% in year-on-year terms in September, which was a deterioration from August's 4.2% increase.
October 30, 2020
A GDP estimate released by the National Statistics Institute on 30 October showed the economy rebounded 13.2% in seasonally-adjusted quarter-on-quarter terms in Q3, after contracting 13.9% in Q2.
October 29, 2020
Consumer sentiment rose to minus 24.6 in October, from minus 26.6 in September.
September 30, 2020
Industrial production expanded 3.0% year-on-year in August (July: -8.8% yoy).