The annual inflation rate in Portugal climbed to 9.1 percent in July of 2022, from 8.7 percent in the previous month, in line with preliminary estimates. It was the highest reading since November of 1992, as prices advanced faster for food & non-alcoholic beverages (13.9 percent vs. 13.2 percent in June), miscellaneous goods & services (2.5 percent vs. 2.2 percent), and housing & utilities (16.6 percent vs. 13.5 percent). On the other hand, transport prices eased (12.9 percent vs. 14.3 percent). Meanwhile, core consumer prices, excluding energy and unprocessed food products, accelerated to 6.2 percent from the 6.0 percent increase in the previous month. The CPI monthly rate was nil, following a 0.8 percent gain in June. source: Statistics Portugal

Inflation Rate in Portugal averaged 8.15 percent from 1961 until 2022, 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. This page provides - Portugal Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Inflation Rate in Portugal is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Inflation Rate is projected to trend around 2.20 percent in 2023 and 1.20 percent in 2024, according to our econometric models.

Ok
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.

Please Paste this Code in your Website
width
height
Portugal Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-07-29 08:30 AM Inflation Rate YoY Prel Jul 9.1% 8.7% 9.9%
2022-08-10 10:00 AM Inflation Rate YoY Final Jul 9.1% 8.7% 9.1%
2022-08-31 08:30 AM Inflation Rate YoY Prel Aug 9.1%


Related Last Previous Unit Reference
Inflation Rate 9.10 8.70 percent Jul 2022
Inflation Rate Mom 0.00 0.80 percent Jul 2022
Harmonised Consumer Prices 114.39 114.37 points Jul 2022
Consumer Price Index CPI 114.51 114.55 points Jul 2022
Core Inflation Rate 6.20 5.98 percent Jul 2022
Core Consumer Prices 110.81 111.18 points Jul 2022
Food Inflation 13.90 13.20 percent Jul 2022
CPI Transportation 118.93 119.08 points Jul 2022
CPI Housing Utilities 128.17 124.28 points Jul 2022
Producer Prices Change 25.70 24.50 percent Jun 2022
Producer Prices 134.00 130.80 points Jun 2022
GDP Deflator 0.80 0.50 percent Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
9.10 8.70 53.90 -1.60 1961 - 2022 percent Monthly
2012=100

News Stream
Portugal Inflation Hits Highest Level Since 1992
The annual inflation rate in Portugal climbed to 9.1 percent in July of 2022, from 8.7 percent in the previous month, in line with preliminary estimates. It was the highest reading since November of 1992, as prices advanced faster for food & non-alcoholic beverages (13.9 percent vs. 13.2 percent in June), miscellaneous goods & services (2.5 percent vs. 2.2 percent), and housing & utilities (16.6 percent vs. 13.5 percent). On the other hand, transport prices eased (12.9 percent vs. 14.3 percent). Meanwhile, core consumer prices, excluding energy and unprocessed food products, accelerated to 6.2 percent from the 6.0 percent increase in the previous month. The CPI monthly rate was nil, following a 0.8 percent gain in June.
2022-08-10
Portugal Inflation Rate at Near 30-Year High
The annual inflation rate in Portugal likely climbed to 9.1 percent in July of 2022, from 8.7 in the previous month, which would be the highest since November of 1992, according to preliminary estimates. The yearly rise in energy prices was estimated at 31.2 percent, slightly slower than the 31.7 percent jump seen in June, while non-manufactured food costs were seen going up 13.2 percent, quickening from 11.9 percent in the prior month. On a monthly basis, consumer prices were likely unchanged after rising 0.8 percent in the previous month.
2022-07-29
Portugal Inflation Confirmed at 1992-High
The annual inflation rate in Portugal climbed to 8.7 percent in June of 2022, from 8.0 percent in the previous month, in line with preliminary estimates. It was the highest reading since December of 1992, as prices advanced faster for food & non-alcoholic beverages (13.2 percent vs. 12.3 percent in May), transport (14.3 percent vs. 10.8 percent), miscellaneous goods & services (2.2 percent vs. 2.1 percent) and housing & utilities (13.5 percent vs. 13.4 percent). Meanwhile, core consumer prices, excluding energy and unprocessed food products, accelerated to 6.0 percent from the 5.6 percent increase in the previous month. The CPI rose 0.8 percent monthly, easing from 1.0 percent in May.
2022-07-12