Portugal Food Inflation - Forecast

Food Inflation in Portugal is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Portugal to stand at 1.90 in 12 months time. In the long-term, the Portugal Food Inflation is projected to trend around 2.50 percent in 2020, according to our econometric models.


Portugal Food Inflation
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Portugal Prices Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 1.5 1.9 2 2.1 2.1 2.2
Inflation Rate Mom 0 0.3 0.3 0.14 0.7 0.4
Harmonised Consumer Prices 102 110 112 102 115 125
Consumer Price Index CPI 103 110 112 103 115 125
Core Consumer Prices 103 111 113 103 116 126
Core Inflation Rate 1.18 1.2 1.3 1.5 1.4 2
Producer Prices 101 108 110 100 113 125
Producer Prices Change 2.4 3.4 3.3 1.36 2.8 2.2
CPI Housing Utilities 106 113 115 106 120 129
CPI Transportation 99.38 105 107 99.63 112 122
Food Inflation 2.28 1.5 1.8 2 1.9 2.5
GDP Deflator 1.4 1.8 1.8 2 2.1 2.6