Portugal Food Inflation  Forecast


Food Inflation in Portugal is expected to be 2.90 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 2.80 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 Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 1.1 1.5 1.6 1.9 2 2.2
Inflation Rate Mom 0 0.4 0.3 0.3 0.3 0.4
Consumer Price Index CPI 102 106 108 110 112 125
Harmonised Consumer Prices 102 106 108 110 112 125
Core Consumer Prices 102 107 109 111 113 126
Core Inflation Rate 1.28 0.9 1.1 1.2 1.3 2
Producer Prices 99.87 104 106 108 110 125
Producer Prices Change 2.5 3.7 3.9 3.4 3.3 2.2
CPI Housing Utilities 105 109 111 113 115 129
CPI Transportation 98.99 101 103 105 107 122
Food Inflation 0.37 2.9 3.2 3 2.8 2.5
GDP Deflator 1.3 1.7 1.7 1.8 1.8 2.6