Portugal Core Inflation Rate - Forecast

Core Inflation Rate in Portugal is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Portugal to stand at 1.50 in 12 months time. In the long-term, the Portugal Core Inflation Rate is projected to trend around 1.80 percent in 2020, according to our econometric models.


Forecast Data Chart
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Portugal Prices Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 1.6 1.5 1.7 1.7 1.8 1.9
Inflation Rate Mom -0.6 0.7 0.3 0.5 -0.2 0.4
Harmonised Consumer Prices 104 105 104 104 106 108
Consumer Price Index CPI 104 105 105 105 106 109
Core Consumer Prices 103 105 104 105 106 108
Core Inflation Rate 0.98 1.1 1.2 1.2 1.5 1.8
Producer Prices 104 103 103 103 106 108
Producer Prices Change 4.4 2.5 1.9 1.8 1.9 2.4
CPI Housing Utilities 108 107 108 109 110 112
CPI Transportation 102 99.04 101 101 103 105
Food Inflation 1.19 1.5 1.7 1.9 2 2
GDP Deflator 1.3 1.8 1.8 2 2 2.2