Recent Releases

Portugal April inflation Rate Confirmed at Near 2-Year Low
The Portuguese inflation rate eased to 0.4 percent year-on-year in April of 2018, matching the preliminary estimate and below 0.7 percent in March. It was the lowest inflation rate since May 2016. Prices rose less mainly for transport and restaurants & hotels while fell for recreation & culture, clothing & footwear and furnishings.
Published on 2018-05-11

Portugal Inflation Rate Lowest Since 2016
Consumer prices in Portugal are expected to rise 0.4 percent year-on-year in April of 2018, slowing from 0.7 percent gain in the previous month. It is the lowest inflation rate since May of 2016.
Published on 2018-04-30

Portugal March Inflation Rate Confirmed at 0.7%
The Portuguese consumer price inflation rose to 0.7 percent year-on-year in March of 2018, matching the preliminary estimate and compared with 0.6 percent in the prior month.
Published on 2018-04-11

Portuguese Inflation Rate Confirmed at 15-Month Low
Portuguese consumer prices increased by 0.6 percent year-on-year in February 2018, unrevised from the preliminary estimate and following a 1 percent gain in the previous month. It was the lowest inflation rate since November 2016.
Published on 2018-03-12

Portugal February Inflation Rate at Near 1-1/2-Year Low
Consumer prices in Portugal are expected to increase 0.6 percent year-on-year in February of 2018, easing from 1 percent rise in January. It is the lowest inflation rate since November 2016.
Published on 2018-02-28

Portuguese Inflation Rate Revised Down to 6-Month Low
The Portuguese consumer price inflation came in at 1 percent year-on-year in January 2018, below a preliminary reading of 1.1 percent compared with 1.5 percent in the previous month. It was the lowest inflation rate since July last year.
Published on 2018-02-12

Portuguese Inflation Rate Slows to 5-Month Low
The Portuguese consumer price inflation is expected to ease to a five-month low of 1.1 percent year-on-year in January 2018 from 1.5 percent in the previous month.
Published on 2018-01-31

Portuguese Inflation Rate Unchanged at 6-Month High
The Portuguese consumer price inflation stood at 1.5 percent year-on-year in December 2017, unchanged from the previous month's six month high.
Published on 2018-01-11

Portugal Inflation Rate at 6-Month High of 1.5%
Consumer prices in Portugal increased 1.5 percent year-on-year in November of 2017, following a 1.4 percent rise in October. It is the highest inflation rate since May, mainly due to rising prices for food and fuel.
Published on 2017-12-14

Portuguese Inflation Rate Unchanged at 4-Month High
Portuguese consumer price inflation came in at 1.4 percent year-on-year in October 2017, unchanged from the previous month's four-month high and in line with market expectations. An increase in cost of food, transport, accommodation, and miscellaneous goods and services offset a drop in prices of leisure activities, clothing, and furnishings and household equipment.
Published on 2017-11-13

Portugal Inflation Rate at 4-Month High of 1.4% in September
Consumer prices in Portugal increased 1.4 percent year-on-year in September, accelerating from 1.1 percent in the previous month. It is the highest inflation since May, mainly boosted by cost of food; transport; miscellaneous goods & services and housing & utilities. Core inflation which excludes food and energy rose 1.3 percent, the same pace as in August.
Published on 2017-10-12

Portugal Inflation Rate Rises to 1.1%
Consumer prices in Portugal increased 1.1 percent year-on-year in August of 2017, above 0.9 percent in July and reaching the highest in three months. A rise in transport prices was the main driver of the increase in the CPI. Core inflation which excludes food and energy increased to 1.3 percent from 1 percent in July.
Published on 2017-09-12

Portugal Inflation Rate Steady at 0.9% in July
Portuguese consumer prices increased 0.9 percent year-on-year in July of 2017, the same pace as in the previous month. It remains the lowest inflation rate since December last year. Cost rose faster for food and miscellaneous goods and services; recovered for housing and utilities while slowed for transport.
Published on 2017-08-10

Portuguese Inflation Rate Slows To 6-Month Low In June
Portuguese consumer prices increased by 0.9 percent year-on-year in June 2017, easing from a 1.5 percent gain in the previous month. It was the lowest inflation rate since December last year, as cost of food and miscellaneous goods and services rose at a slower pace, while housing prices fell.
Published on 2017-07-12

Portugal Inflation Rate Down To 1.5% In May
Consumer prices in Portugal increased 1.5 percent year-on-year in May of 2017, easing from a 2 percent rise in April. Inflation slowed mostly for transport and restaurants and hotels after rising in April due to the Easter holidays.
Published on 2017-06-12

Portugal Inflation Rate At 2012 High Of 2%
Consumer prices in Portugal increased 2 percent year-on-year in April of 2017, following a 1.4 percent rise in March and above market expectations of 1.2 percent. It is the highest inflation rate since October of 2012, boosted by cost of travels, stays in hotels and transport due to the Easter holidays that in 2017 fell in April while it occurred in March in 2016.
Published on 2017-05-11

Portuguese Inflation Rate Slows To 1.4% In March
Portuguese consumer prices increased by 1.4 percent year-on-year in March 2017, easing from a 1.6 percent gain in the previous month, as cost for transport rose at a slower pace.
Published on 2017-04-12

Portugal Inflation Rate Rises to 1.6% In February
Consumer prices in Portugal increased 1.6 percent year-on-year in February of 2017, following a 1.3 percent rise in January. The inflation rate accelerated for the third straight month to the highest since December of 2012 amid rising food cost and oil prices that boosted transport cost.
Published on 2017-03-10

Portuguese Inflation Rate Rises To Nearly 4-Year High
Portuguese consumer prices increased by 1.3 percent year-on-year in January 2017, following a 0.9 percent rise in December. It was the highest inflation rate since December 2012, mainly boosted by higher cost for food and transportation.
Published on 2017-02-10

Portuguese Inflation Rate Rises To 0.9% YoY In December
Portuguese consumer prices went up by 0.9 percent year-on-year in December 2016, accelerating from a 0.6 percent rise in November but missing market expectations of a 1.4 percent gain. The increase was mainly boosted by a 10.7 percent rise in petrol prices while cost of clothing continued to fall.
Published on 2017-01-11

Portugal Inflation Rate Eases To 0.6% In November
Consumer prices in Portugal increased by 0.6 percent year-on-year in November of 2016, easing from a 0.9 percent growth in October. Prices increased at a slower pace for restaurants and hotels, transports and recreation and culture. In negative side, costs of clothing and health decreased.
Published on 2016-12-13

Portugal Inflation Rate Hits 1-Year High in October
Consumer prices in Portugal increased by 0.9 percent year-on-year in October 2016, accelerating from a 0.6 percent growth in September and in line with market expectations. It was the highest inflation rate since September last year, as transport prices rose for the first time in eleven months.
Published on 2016-11-10

Portugal Inflation Rate Slows to 0.6% YoY in September
Consumer prices in Portugal increased by 0.6 percent year-on-year in September 2016, easing slightly from a seven-month high of 0.7 percent in August and missing market expectations of 0.8 percent growth. Cost of food rose at a slower pace while a drop in housing prices dragged inflation down. On a monthly basis, consumer prices rose sharply by 0.7 percent after falling by 0.2 percent in August.
Published on 2016-10-12

Portuguese Inflation Rate Rises to 7-Month High
Consumer prices in Portugal increased by 0.7 percent year-on-year in August 2016, following a 0.6 percent growth in the previous month. It was the highest inflation rate since January this year, as prices rose further for restaurants and hotels, housing and food.
Published on 2016-09-12

Portugal Inflation Rises to 0.6% in July
Consumer prices in Portugal went up 0.6 percent year-on-year in July of 2016, following 0.5 percent increase in the previous month and below market expectations of 0.8 percent. The largest upward pressure came from food and restaurants and hotels while transport and health prices continued to decline. On a monthly basis, prices dropped 0.7 percent.
Published on 2016-08-10

Portugal Annual Inflation Rate Up to 0.5%
Consumer prices in Portugal rose 0.5 percent year-on-year in June of 2016, up from a 0.3 percent increase in the previous month. Food inflation reached an 8-month high while transport prices fell the most since August.
Published on 2016-07-12

Portuguese Inflation Rate at 14-Month Low
Consumer prices in Portugal increased by 0.3 percent year-on-year in May of 2016, easing from a 0.5 percent growth in the previous month and hitting the smallest gain since March last year. Prices of restaurants and hotels and housing continued to rise while a drop in cost of food, transport and clothing weighed on inflation.
Published on 2016-06-09

Portugal Inflation Rate Edges Up to 0.5% in April
Consumer prices in Portugal increased 0.5 percent year-on-year in April of 2016 following a 0.4 percent rise in the previous month. The inflation rate accelerated for the first time in three months as cost of food and non-alcoholic beverages recovered and transport prices fell at a slower pace. However, the core index which excludes food and energy slowed to its lowest so far this year.
Published on 2016-05-11

Portugal Inflation Rate Steady at 0.4% in March
Consumer prices in Portugal increased 0.4 percent year-on-year in March of 2016, the same as in the previous month. The monthly rate accelerated to 1.9 percent, the highest figure in 26 years.
Published on 2016-04-12

Portuguese Inflation Rate Slows to 0.4%
Consumer prices in Portugal increased by 0.4 percent year-on-year in February of 2016 easing from a 0.8 percent growth in the previous month. Cost of accommodation rose at a slower pace while a decline in prices of food, transportation and clothing dragged the inflation down.
Published on 2016-03-10

Portuguese Inflation Rate Up to 0.8% in January
Consumer prices in Portugal increased by 0.8 percent year-on-year in January of 2016 following a 0.4 percent growth in December, mainly due to higher prices of food and clothing.
Published on 2016-02-10

Portuguese Inflation Rate at 8-Month Low in December
Consumer prices in Portugal increased by 0.4 percent year-on-year in December of 2015 easing from a 0.6 percent growth in the previous month, as prices of accommodation and leisure activities rose at a slower pace while food cost showed no growth and transport prices dropped slightly. It was the lowest inflation rate since April of 2015.
Published on 2016-01-13

Portuguese Inflation Rate Steady at 0.6% in November
Consumer prices in Portugal increased by 0.6 percent year-on-year in November, the same pace as in October and staying at its lowest level since April this year. While prices of transport and leisure activities increased after dropping in the previous months, a slowdown in cost of food and accommodation held back the increase.
Published on 2015-12-11

Portuguese Inflation Rate Drops to 0.6% in October
Consumer prices in Portugal increased by 0.6 percent year-on-year in October, easing from a 0.9 percent growth in September of 2015. It was the lowest level since April this year, as prices of food grew at a slower pace while cost of furnishings and household equipment fell for the first time in 13 months.
Published on 2015-11-11

Portuguese Inflation Rate Up to 0.9% in September
Consumer prices in Portugal increased by 0.9 percent year-on-year in September of 2015, following a 0.7 percent growth in August. It was the highest level since May this year, as cost of food and furnishings rose at a faster pace.
Published on 2015-10-12

Portugal Inflation Rate Slows Slightly
Consumer prices in Portugal rose 0.7 percent year-on-year in August of 2015, easing from a 0.8 percent rise in the previous two months, due to lower clothing and footwear and transport prices.
Published on 2015-09-10

Portugal Inflation Rate Steady in July
Portuguese annual inflation rate was recorded at 0.8 percent in July of 2015, the same pace as in the previous month and below market expectations. A slowdown in prices of food and housing was enough to offset an increase in cost of miscellaneous goods and services and higher prices of furnishing and household equipment.
Published on 2015-08-12

Portugal Inflation Rate Eases in June
Portuguese consumer prices increased 0.80 percent year-on-year in June of 2015, slightly down from a 0.95 percent growth in May, as cost of clothing and footwear fell at a faster pace and transport prices declined.
Published on 2015-07-10

Portugal Inflation Rate at 2-1/2-Year High
Consumer prices in Portugal increased 1 percent year-on-year in May of 2015. It is the highest rate since December of 2012 driven by food and transport prices.
Published on 2015-06-11

Portugal Inflation Rate Rebounds Further in April
Consumer prices in Portugal rose 0.40 percent year-on-year in April of 2015, after increasing 0.31 percent in March as cost of food products and alcoholic beverages and tobacco accelerated.
Published on 2015-05-13

Prices in Portugal Rise for the First Time in 13 Months
Consumer prices in Portugal increased 0.31 percent year-on-year in March of 2015, after declining 0.21 percent in the previous month as cost of restaurants and hotels, and communication rose the most.
Published on 2015-04-13

Portugal Deflation Slows
Portuguese consumer prices fell 0.2 percent year-on-year in February, slowing from a 0.4 percent drop in the previous month. Although transport cost fell at a slower pace, prices of clothing and footwear declined further due to the discount period.
Published on 2015-03-11

Portugal Inflation Rate at -0.4% in January
Portuguese consumer prices fell by an annual 0.4 percent in January of 2015, the same as in December of 2014, largely due to an 8 percent drop in energy cost.
Published on 2015-02-11

Deflation is Back in Portugal in December
Consumer prices in Portugal dropped by 0.4 percent in December of 2014, after being flat in the last two months as lower gasoline cost pushed transport prices lower.
Published on 2015-01-13

Portugal Inflation Rate at 0% in November
Portuguese consumer prices were flat in November of 2014 from a year earlier, the same as in October. Downward pressures came mainly from lower transport cost.
Published on 2014-12-11

Portuguese CPI Unchanged in October
Cost of goods and services in Portugal remained the same in October of 2014 compared to 0.4 percent drop reported in September. It was the first time in eight months consumer price index did not fall.
Published on 2014-11-13

Portugal Inflation Rate Steady at -0.4%
Portuguese annual inflation rate was recorded at -0.4 percent in September of 2014, unchanged from August. The country has been facing deflation since February of 2014.
Published on 2014-10-10

Portugal Inflation Rate at -0.4% in August
Portuguese annual inflation rate was recorded at -0.4 percent in August of 2014, following a 0.9 percent drop in July. The inflation remained in negative territory for the sixth consecutive month due to falling food prices.
Published on 2014-09-10

Deflation Deepens in Portugal
Portuguese annual inflation rate declined further to -0.9 percent in July of 2014 from a -0.4 percent in the previous month mostly due to lower cost of clothing and footwear and food.
Published on 2014-08-12

Portugal Inflation Rate Unchanged at -0.4%
Portuguese consumer prices decreased by an annual 0.4 percent in June of 2014, the same rate recorded in the previous month, as prices of food and non-alcoholic beverages fell again.
Published on 2014-07-10

Portugal Inflation Rate at -0.4%
Portuguese consumer prices fell for the fourth straight month by an annual 0.4 percent in May of 2014, following a 0.1 percent drop in the previous month, driven by lower food cost.
Published on 2014-06-12

Portugal Inflation Rate Falls 0.1% in April
Portuguese consumer prices declined 0.1 percent on the year in April of 2014, slightly up from a 0.4 percent fall in the previous month. Higher prices of housing and tobacco were not enough to offset a drop in food prices.
Published on 2014-05-13

Portugal Inflation Rate Down to 4-1/2-Year Low
Portugal’ annual inflation rate dropped to -0.37 percent in March of 2014, down from -0.08 percent in the previous month and 0.45 percent a year earlier. It is the lowest level since November of 2009.
Published on 2014-04-11

Portugal Inflation Rate in Negative Territory
Portuguese annual inflation rate declined 0.1 percent in February of 2014, down from 0.1 percent in the previous month. Monthly inflation was recorded at -0.3 percent changing from -1.4 percent in January and -0.1 in February of 2013.
Published on 2014-03-12

Portuguese Inflation Rate Slows in January
In January of 2014, Portuguese annual inflation rate slowed to 0.1 percent from 0.2 percent in the last month of 2013. On a monthly basis, prices fell sharply by 1.4 percent, the lowest rate in almost 38 years, due to lower cost of clothing and flights.
Published on 2014-02-12

Portuguese Inflation Rate Rises 0.2% in December
In December of 2013, Portuguese annual inflation rate turned positive and rose 0.2 percent, after falling 0.2 percent in the previous two months, due to higher prices of health, food and alcoholic beverages.
Published on 2014-01-13

Portuguese Inflation Rate Drops in November
In November of 2013, Portugal’s annual CPI fell 0.2 percent after decreasing by the same rate in October and mainly affected by a drop in transport costs.
Published on 2013-12-11

Portugal Inflation Rate Down to -0.2% in October
In October 2013, the annual inflation rate measured by the CPI decreased to -0.2 percent, 0.3 percentage points lower than the rate observed in the previous month. It is the lowest rate since November of 2009.
Published on 2013-11-12

Portuguese Inflation Rate Slows to 0.1% in September
In September, Portugal's annual inflation rate measured by the CPI decreased by 0.1 p.p. to 0.1 percent, comparing with the rate observed in the previous month. The slowdown was mainly due to falling costs for clothing, footwear and transport.
Published on 2013-10-10

Portuguese Inflation Rate Down to 0.2% in August
In August, the annual inflation rate measured by the CPI decreased by 0.6 p.p. to 0.2 percent, comparing with the rate observed in the previous month. The slowdown was mainly due to lower costs for clothing, footwear and transport which were partly offset by rising food prices.
Published on 2013-09-11

Portuguese Inflation Rate Down to 0.8% in July
In July 2013, the annual inflation rate measured by the CPI decreased by 0.2 p.p. to 0.8 percent, comparing with the rate observed in the previous month. Lower prices of clothing, footwear, furnishings and household equipment weighted down the overall index.
Published on 2013-08-12

Portuguese Inflation Rises to 1.0% in June
In June 2013, the annual inflation rate measured by the CPI increased 0.3 p.p. to 1.0 percent, comparing with the rate observed in the previous month. The largest upward pressure on the overall annual rate came from changes in prices of food and non-alcoholic beverages, which rose 2.8 percent.
Published on 2013-07-10

Portuguese Inflation Rises to 0.7% in May
In May, the annual inflation measured by the CPI increased 0.5 percentage points to 0.7 percent, compared with the rate observed in the previous month. The largest upward pressure on the overall rate came from changes in prices of food and non-alcoholic beverages, up 3.1 percent.
Published on 2013-06-12

Portugal Inflation Rate Down to 0.2% in April
In April 2013, the annual inflation rate measured by the CPI decreased 0.3 p.p. to 0.2 percent, comparing with the rate observed in the previous month. The CPI 12-month average rate of change decreased from 2.0 percent in March to 1.7 percent in April. The core inflation index, which excludes unprocessed food and energy, was 0.8 percent (1.0 percent in March).
Published on 2013-05-13

Portugal Inflation Rate Up to 0.5% in March
In Portugal, the annual inflation rate measured by the CPI increased 0.5 p.p. to 0.5 percent, comparing with the rate observed in the previous month. The CPI 12-month average rate of change moved from 2.2 percent in February to 2.0 percent in March. The core inflation index, which excludes unprocessed food and energy, was 1.0 percent (1.1 percent in February).
Published on 2013-04-10

Portugal Inflation Rate Down to 0.0 Percent in February
In February 2013, the annual inflation rate measured by the CPI decreased 0.2 percentage points to 0.0 percent, comparing with the observed in the previous month. The annual core inflation rate, moved from 0.3 percent in January 2013 to -0.5 percent.
Published on 2013-03-12

Portugal Inflation Rate Down to 0.2 Percent in January
In January 2013, the CPI recorded an annual increase of 0.2%. This result was mainly due to the cancellation in the CPI of the base effect of tax changes introduced in January 2012, in particular VAT.
Published on 2013-02-12