Portugal Inflation Rate  1961-2017 | Data | Chart | Calendar | Forecast

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. Annual core inflation, which excludes unprocessed food products and energy, stood at 1.3 percent, unchanged from the previous two months. On a monthly basis, consumer prices rose 0.3 percent after a 0.9 percent jump in September. Inflation Rate in Portugal averaged 8.71 percent from 1961 until 2017, reaching an all time high of 53.90 percent in May of 1977 and a record low of -1.60 percent in June of 2009.

Portugal Inflation Rate
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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.

Year-on-year, prices rose for: Food and non-alcoholic beverages (1.3 percent from 1.1 percent in September); transport (2.6 percent, the same as in September); miscellaneous goods and services (1.4 percent from 1.3 percent); restaurants and hotels (6 percent from 4.5 percent); health (0.8 percent from 0.7 percent); and housing and utilities (1.2 percent from 1.3 percent). Meanwhile, downward pressure came from: Recreation and culture (-0.2 percent from 1.5 percent in September); clothing and footwear (-3.7 percent from -3.4 percent); and furnishings, household equipment and routine maintenance of the house (-0.4 percent from -0.5 percent).

Annual core inflation rate, which excludes energy and unprocessed food products components, stood at 1.3 percent, unchanged from the previous two months.

On a monthly basis, consumer prices rose 0.3 percent after a 0.9 percent jump in September. Biggest upward pressure came from clothing and footwear (2.3 percent from 20.2 percent in September) while prices of food fell (-0.1 percent from 0.1 percent). 

The harmonized consumer price index increased by 1.9 percent year-on-year and by 0.5 percent from the previous month.

INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
11/13/2017 11:23:46 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-09-12 10:00 AM Inflation Rate YoY 1.1% 0.9% 1.1%
2017-10-12 10:00 AM Inflation Rate YoY 1.4% 1.1% 1.2%
2017-11-13 11:00 AM Inflation Rate YoY 1.4% 1.4% 1.4% 1.5%
2017-12-14 11:00 AM Inflation Rate YoY 1.4% 1.5%


Portugal Prices Last Previous Highest Lowest Unit
Inflation Rate 1.40 1.40 53.90 -1.60 percent [+]
Inflation Rate Mom 0.30 0.90 8.30 -5.60 percent [+]
Consumer Price Index CPI 103.38 103.02 103.39 1.09 Index Points [+]
Harmonised Consumer Prices 103.64 103.15 103.64 43.89 Index Points [+]
Core Consumer Prices 103.84 103.50 103.85 4.95 Index Points [+]
Core Inflation Rate 1.34 1.31 31.27 -0.57 percent [+]
Producer Prices 100.59 100.18 107.50 92.00 Index Points [+]
Producer Prices Change 2.70 2.70 7.80 -7.30 percent [+]
CPI Housing Utilities 105.81 105.58 105.90 4.59 Index Points [+]
CPI Transportation 97.58 97.58 101.63 3.31 Index Points [+]
Food Inflation 1.32 1.12 38.68 -6.33 percent [+]
GDP Deflator 1.30 0.60 4.50 -1.10 percent [+]


Portugal Inflation Rate

In Portugal, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The most important categories in the Portuguese consumer price index are Food and non-alcoholic beverages (20.8 percent of the total weight), Transport (14 percent), Miscellaneous Goods and Services (10.4 percent) and Housing, water, electricity, gas and other fuels (10.3 percent). Restaurants and Hotels account for 8.6 percent, Recreation and Culture for 7.2 percent and Clothing and Footwear for 6.9 percent. The index also includes: Health (6.3 percent) and Furnishings, household equipment and routine maintenance of the house (6.2 percent). Alcoholic beverages and tobacco, Communication and Education account for the remaining 9.4 percent. This page provides - Portugal Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Inflation Rate - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 1.40 53.90 -1.60 1961 - 2017 percent Monthly
2012=100




inflation rate by Country
Country Last
Australia 1.80 Sep/17
Brazil 2.70 Oct/17
Canada 1.40 Oct/17
China 1.90 Oct/17
Euro Area 1.40 Oct/17
France 1.10 Oct/17
Germany 1.60 Oct/17
India 3.58 Oct/17
Indonesia 3.58 Oct/17
Italy 1.00 Oct/17
Japan 0.70 Sep/17
Mexico 6.37 Oct/17
Netherlands 1.30 Oct/17
Russia 2.70 Oct/17
South Korea 1.80 Oct/17
Spain 1.60 Oct/17
Switzerland 0.70 Oct/17
Turkey 11.90 Oct/17
United Kingdom 3.00 Oct/17
United States 2.00 Oct/17