The Consumer Price Index in Portugal decreased 1.30 percent in July of 2020 over the previous month. It is the biggest fall in a month, preliminary estimates showed.
Inflation Rate Mom in Portugal averaged 0.63 percent from 1960 until 2020, reaching an all time high of 8.30 percent in July of 1976 and a record low of -5.60 percent in April of 1976. This page provides - Portugal Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.
Inflation Rate Mom in Portugal is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Portugal to stand at 0.10 in 12 months time. In the long-term, the Portugal Inflation Rate MoM is projected to trend around 0.40 percent in 2021, according to our econometric models.