Portugal's producer prices declined by 5.0 percent from a year earlier in August 2020, easing from a revised 5.4 percent drop in the previous month, as prices fell for energy (-18.7 percent vs -20.0 percent in July), intermediate goods (-3.1 percent vs -3.6 percent) and consumer goods (-0.2 percent vs 0.1 percent). On the other hand, cost for capital goods rose by 0.5 percent, compared to a 0.2 percent gain in July.
Producer Prices Change in Portugal averaged 2.08 percent from 1991 until 2020, reaching an all time high of 18.40 percent in February of 2000 and a record low of -7.40 percent in January of 1999. This page provides - Portugal Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Statistics Portugal
Producer Prices Change in Portugal is expected to be -4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Portugal to stand at 1.10 in 12 months time. In the long-term, the Portugal Producer Prices Change is projected to trend around 1.40 percent in 2021 and 1.70 percent in 2022, according to our econometric models.