Portugal Inflation Rate  1961-2018 | Data | Chart | Calendar | Forecast

Inflation rate in Portugal increased to 1.0 percent year-on-year in May of 2018, matching the preliminary estimate and compared to 0.4 percent in the previous month. It was the highest inflation rate since January, as prices rose faster mainly for transport, restaurants & hotels and housing & utilities. Inflation Rate in Portugal averaged 8.63 percent from 1961 until 2018, 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
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.




Portugal Inflation Rate Confirmed at 4-Month High in May


Inflation rate in Portugal increased to 1.0 percent year-on-year in May of 2018, matching the preliminary estimate and compared to 0.4 percent in the previous month. It was the highest inflation rate since January, as prices rose faster mainly for transport, restaurants & hotels and housing & utilities.

Year-on-year, prices advanced faster primarily for: transport (3.8 percent vs 0.8 percent in April), namely fuels and lubricants (9.5 percent vs 3.5 percent); restaurants & hotels (2.9 percent vs 0.1 percent), driven by accomodation services (11.6 percent vs -2.9 percent) and housing & utilities (2.0 percent vs 1.6 percent), particularly rents (1.8 percent vs 1.4 percent). 

On the other hand, inflation slowed for food & non-alcoholic beverages (0.7 percent vs 0.9 percent); miscellaneous goods & services (0.3 percent vs 1.0 percent) and was steady for alcoholic beverages & tobacco (2.3 percent); communications (0.4 percent) and education (1.2 percent). Meantime, prices fell for recreation & culture (-0.7 percent vs -0.6 percent); clothing and footwear (-3.3 percent vs -3.7 percent) and furniture & household equipment (-0.9 percent vs -0.4 percent).

Annual core inflation rate, which excludes energy and unprocessed food products, rose to 0.6 percent, matching the preliminary estimate and compared to 0.2 percent in April.

On a monthly basis, consumer prices went up 0.4 percent, as previously estimated, and easing from a 0.7 percent increase in April.

The harmonized consumer price index increased by 1.4 percent year-on-year (0.3 percent in April) and by 0.8 percent month-over-month (1.0 percent in April).


INE | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
6/12/2018 10:44:45 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-05-11 10:00 AM Inflation Rate YoY Final 0.4% 0.7% 0.4% 0.4%
2018-05-30 08:30 AM Inflation Rate YoY Prel 1.0% 0.4% 0.5%
2018-06-12 10:00 AM Inflation Rate YoY Final 1% 0.4% 1.0% 1.0%
2018-06-29 08:30 AM Inflation Rate YoY Prel 1% 1.2%
2018-07-11 10:00 AM Inflation Rate YoY Final 1% 0.9%
2018-07-31 08:30 AM Inflation Rate YoY Prel 0.9%


Portugal Prices Last Previous Highest Lowest Unit
Inflation Rate 1.00 0.40 53.90 -1.60 percent [+]
Inflation Rate Mom 0.40 0.70 8.30 -5.60 percent [+]
Harmonised Consumer Prices 104.55 103.00 104.55 43.89 Index Points [+]
Consumer Price Index CPI 104.23 103.80 104.23 1.09 Index Points [+]
Core Consumer Prices 104.28 104.04 104.28 4.95 Index Points [+]
Core Inflation Rate 0.64 0.18 31.27 -0.57 percent [+]
Producer Prices 103.30 101.80 107.50 92.00 Index Points [+]
Producer Prices Change 3.10 1.40 7.80 -7.30 percent [+]
CPI Housing Utilities 107.76 107.47 107.76 4.59 Index Points [+]
CPI Transportation 100.68 100.14 101.63 3.31 Index Points [+]
Food Inflation 0.70 0.90 38.68 -6.33 percent [+]
GDP Deflator 1.30 1.70 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.40 53.90 -1.60 1961 - 2018 percent Monthly
2012=100




inflation rate by Country
Country Last
Australia 1.90 Mar/18
Brazil 2.86 May/18
Canada 2.20 Apr/18
China 1.80 May/18
Euro Area 1.90 May/18
France 2.00 May/18
Germany 2.20 May/18
India 4.87 May/18
Indonesia 3.23 May/18
Italy 1.00 May/18
Japan 0.70 May/18
Mexico 4.51 May/18
Netherlands 1.70 May/18
Russia 2.40 May/18
South Korea 1.50 May/18
Spain 2.10 May/18
Switzerland 1.00 May/18
Turkey 12.15 May/18
United Kingdom 2.40 May/18
United States 2.80 May/18


Related

Latest