Consumer prices in Portugal are expected to increase 0.9 percent year-on-year in March of 2019, the same as in February, as cost of energy rebounded and prices of unprocessed food rose at a softer pace, preliminary estimates showed. Annual core inflation rate, which excludes prices of energy and unprocessed food products is expected to decrease to 0.7 percent from 1 percent in February. On a monthly basis, consumer prices are set to rise 1.8 percent, after a 0.2 percent drop in the previous month. Inflation Rate in Portugal averaged 8.53 percent from 1961 until 2019, 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.

Inflation Rate in Portugal is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Portugal to stand at 1.20 in 12 months time. In the long-term, the Portugal Inflation Rate is projected to trend around 1.90 percent in 2020, according to our econometric models.

Portugal Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-12 11:00 AM Inflation Rate YoY Final 0.5% 0.7% 0.4% 0.4%
2019-02-28 09:30 AM Inflation Rate YoY Prel 0.9% 0.5% 0.6%
2019-03-12 11:00 AM Inflation Rate YoY Final 0.9% 0.5% 0.9% 0.9%
2019-03-29 09:30 AM Inflation Rate YoY Prel 0.9% 0.9% 1%
2019-04-11 10:00 AM Inflation Rate YoY Final 0.9% 0.9% 0.9%
2019-04-30 08:30 AM Inflation Rate YoY Prel
2019-05-10 10:00 AM Inflation Rate YoY Final



Portugal Inflation Rate Steady at 0.9%

Consumer prices in Portugal are expected to increase 0.9 percent year-on-year in March of 2019, the same as in February, as cost of energy rebounded and prices of unprocessed food rose at a softer pace, preliminary estimates showed.

Prices of energy are expected to rebound 1.3 percent (-0.7 percent in February) and cost of unprocessed food is seen rising at a softer 2 percent (2.1 percent in February).

Annual core inflation rate, which excludes prices of energy and unprocessed food products is expected to decrease to 0.7 percent from 1 percent in February.

On a monthly basis, consumer prices are set to rise 1.8 percent, after a 0.2 percent drop in the previous month.

Harmonized consumer prices likely rose 0.8 percent year-on-year, below 0.9 percent in February and are seen increasing 2.1 percent month-over-month after a 0.3 percent drop in February.


INE | Rafael Gonzalez | rafael.gonzalez@tradingeconomics.com
3/29/2019 10:23:37 AM



Portugal Prices Last Previous Highest Lowest Unit
Inflation Rate 0.90 0.90 53.90 -1.60 percent [+]
Inflation Rate Mom 1.80 -0.20 8.30 -5.60 percent [+]
Consumer Price Index CPI 102.19 102.41 104.46 1.09 Index Points [+]
Harmonised Consumer Prices 101.45 101.73 105.03 43.89 Index Points [+]
Core Consumer Prices 102.05 102.40 104.40 4.95 Index Points [+]
Core Inflation Rate 0.98 0.77 31.27 -0.57 percent [+]
Producer Prices 103.30 103.30 107.50 92.00 Index Points [+]
Producer Prices Change 1.00 1.30 7.80 -7.30 percent [+]
CPI Housing Utilities 107.97 107.87 108.84 4.59 Index Points [+]
CPI Transportation 100.87 100.41 102.95 3.31 Index Points [+]
Food Inflation 1.26 0.24 38.68 -6.33 percent [+]
GDP Deflator 1.10 1.10 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.90 0.90 53.90 -1.60 1961 - 2019 percent Monthly
2012=100




Country Last Previous
Argentina 50.70 Feb/19
Australia 1.80 Dec/18
Brazil 3.89 Feb/19
Canada 1.50 Feb/19
China 1.50 Feb/19
Euro Area 1.40 Mar/19
France 1.10 Mar/19
Germany 1.30 Mar/19
India 2.57 Feb/19
Indonesia 2.48 Mar/19
Italy 0.98 Mar/19
Japan 0.20 Feb/19
Mexico 3.94 Feb/19
Netherlands 2.80 Mar/19
Russia 5.30 Mar/19
Saudi Arabia -2.20 Feb/19
Singapore 0.50 Feb/19
South Africa 4.10 Feb/19
South Korea 0.40 Mar/19
Spain 1.30 Mar/19
Switzerland 0.70 Mar/19
Turkey 19.71 Mar/19
United Kingdom 1.90 Feb/19
United States 1.50 Feb/19


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