Producer prices in Portugal fell 3.2% year on year in December 2025, marking the 12th consecutive month of producer deflation and easing slightly from November’s 3.4% decline. Costs fell at a slower pace for energy (-8.4% vs. -9.4%), intermediate goods (-3.3% vs. -3.5%), and non-durable consumer goods (-3.0% vs. -3.1%). Meanwhile, prices for consumer durables rose at a faster pace (2.2% vs. 2.1%), while inflation for capital goods eased (1.7% vs. 2.5%). On a monthly basis, producer prices increased by 0.4%, following a 0.2% decline in November. source: Statistics Portugal

Producer Prices in Portugal decreased 3.20 percent in December of 2025 over the same month in the previous year. Producer Prices Change in Portugal averaged 1.99 percent from 2006 until 2025, reaching an all time high of 22.40 percent in June of 2022 and a record low of -10.60 percent in October of 2009. 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 February of 2026.

Producer Prices in Portugal decreased 3.20 percent in December of 2025 over the same month in the previous year. Producer Prices Change 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. In the long-term, the Portugal Producer Prices Change is projected to trend around 1.90 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-18 11:00 AM
PPI YoY
Nov -3.3% -2.8% -2.7%
2026-01-20 11:00 AM
PPI YoY
Dec -3.2% -3.4% -3.2%
2026-02-19 11:00 AM
PPI YoY
Jan -3.2% -1.8%


Related Last Previous Unit Reference
CPI 124.84 124.74 points Dec 2025
Core Consumer Prices 122.44 122.29 points Dec 2025
Core Inflation Rate 1.76 2.05 percent Jan 2026
CPI Housing Utilities 135.57 135.49 points Dec 2025
CPI Transportation 119.01 118.33 points Dec 2025
Food Inflation 3.50 3.50 percent Dec 2025
GDP Deflator 127.02 125.12 points Sep 2025
Harmonised Consumer Prices 99.20 100.26 points Jan 2026
Inflation Rate YoY Prel 1.90 2.20 percent Jan 2026
Inflation Rate MoM Prel -0.70 0.10 percent Jan 2026
PPI MoM 0.40 -0.10 percent Dec 2025
Producer Prices 115.67 115.24 points Dec 2025
PPI YoY -3.20 -3.30 percent Dec 2025


Portugal Producer Prices Change
In Portugal, the Industrial Production Price Index aims to show the monthly evolution of transaction prices in economic activities for the domestic and foreign markets. The indices are obtained based on the Survey on Prices in the Production of Industrial Products, carried out by electronic form, with companies based in the national territory, focusing mainly on the extractive, manufacturing and electricity, gas and water industries. About 10123 prices are collected every month. Intermediate goods is the biggest segment of producer prices, accounting for 36 percent of total PPI, followed by consumer goods (31 percent), energy (20 percent) and capital goods (12 percent).
Actual Previous Highest Lowest Dates Unit Frequency
-3.20 -3.30 22.40 -10.60 2006 - 2025 percent Monthly
NSA

News Stream
Portugal Producer Prices Fall for 12th Month
Producer prices in Portugal fell 3.2% year on year in December 2025, marking the 12th consecutive month of producer deflation and easing slightly from November’s 3.4% decline. Costs fell at a slower pace for energy (-8.4% vs. -9.4%), intermediate goods (-3.3% vs. -3.5%), and non-durable consumer goods (-3.0% vs. -3.1%). Meanwhile, prices for consumer durables rose at a faster pace (2.2% vs. 2.1%), while inflation for capital goods eased (1.7% vs. 2.5%). On a monthly basis, producer prices increased by 0.4%, following a 0.2% decline in November.
2026-01-20
Portugal Producer Prices Fall at Faster Pace
Producer prices in Portugal fell 3.3% year-on-year in November 2025, from a 2.8% decline in the previous month. This marked the eleventh consecutive month of producer deflation, driven mainly by a significant drop in energy prices (-9.4% vs -3% in October). Meanwhile, producer deflation eased for consumer goods (-2.5% vs -3.2%), non-durable consumer goods (-3% vs -3.7%), and intermediate goods (-3.4% vs -4.4%). In addition, price growth accelerated for consumer durables (2.1% vs 2%) and capital goods (2.5% vs 2.1%). On a monthly basis, producer prices fell 0.1%, reversing a 0.3% increase in October 2025.
2025-12-18
Portugal Producer Deflation Eases
Producer prices in Portugal fell 2.8% year-on-year in October 2025, marking the 10th consecutive decline, after a 3.7% drop in September. However, it was the smallest decrease since April, reflecting milder reductions in consumer goods (–2.7% vs –3.1%), particularly nondurables (–3.6% vs –4.2%), as well as in intermediate goods (–4.4% vs –4.6%) and energy (–3% vs –6.8%). Prices also rose at a slower pace for durables (1.9% vs 2.1%) and investment goods (2.1% vs 1.9%). On a monthly basis, the PPI increased 0.3%, the strongest rise since June, following a 0.4% decline in September.
2025-11-19