Producer prices in Portugal declined 3.5% year-on-year in February 2026, following a 2.1% drop in the previous month. This was the fourteenth consecutive month of falling producer prices and the fastest pace since September 2025, mainly due to a steeper decline in energy costs (-18.8% vs -8.3% in January). Prices of consumer goods (-0.5% vs -1.1%) and intermediate goods (-0.8% vs -1.6%) also declined, albeit at softer rates, while price growth for investment goods eased slightly (1.6% vs 1.7%). On a monthly basis, the PPI decreased 1.1%, deepening from a 0.1% fall in January. source: Statistics Portugal

Producer Prices in Portugal decreased 3.50 percent in February of 2026 over the same month in the previous year. Producer Prices Change in Portugal averaged 1.95 percent from 2006 until 2026, 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 March of 2026.

Producer Prices in Portugal decreased 3.50 percent in February of 2026 over the same month in the previous year. Producer Prices Change in Portugal is expected to be -1.80 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 and 2.10 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-19 11:00 AM
PPI YoY
Jan -2.1% -3.3% -1.8%
2026-03-18 11:00 AM
PPI YoY
Feb -3.5% -2.1% -2.0%
2026-04-20 10:00 AM
PPI YoY
Mar -3.5% -1.8%


Related Last Previous Unit Reference
CPI 100.07 100.00 points Feb 2026
Core Consumer Prices 99.69 99.73 points Feb 2026
Core Inflation Rate 1.90 1.76 percent Feb 2026
CPI Housing Utilities 101.86 101.41 points Feb 2026
CPI Transportation 99.85 99.37 points Feb 2026
Food Inflation 3.60 3.20 percent Feb 2026
GDP Deflator 127.29 127.18 points Dec 2025
Harmonised Consumer Prices 99.35 99.24 points Feb 2026
Inflation Rate YoY 2.10 1.90 percent Feb 2026
Inflation Rate MoM 0.10 -0.70 percent Feb 2026
PPI MoM -1.10 -0.10 percent Feb 2026
Producer Prices 114.12 115.43 points Feb 2026
PPI YoY -3.50 -2.10 percent Feb 2026


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
-3.50 -2.10 22.40 -10.60 2006 - 2026 percent Monthly
NSA

News Stream
Portugal Producer Prices Fall at Fastest Pace in 5 Months
Producer prices in Portugal declined 3.5% year-on-year in February 2026, following a 2.1% drop in the previous month. This was the fourteenth consecutive month of falling producer prices and the fastest pace since September 2025, mainly due to a steeper decline in energy costs (-18.8% vs -8.3% in January). Prices of consumer goods (-0.5% vs -1.1%) and intermediate goods (-0.8% vs -1.6%) also declined, albeit at softer rates, while price growth for investment goods eased slightly (1.6% vs 1.7%). On a monthly basis, the PPI decreased 1.1%, deepening from a 0.1% fall in January.
2026-03-18
Portugal Producer Deflation Softens
Producer prices in Portugal fell 2.1% year-on-year in January 2026, marking the smallest decline in ten months, following a 3.3% drop in December. Energy prices continued to decrease sharply (-8.4% vs. -8.3%), mainly due to lower petroleum product prices, while smaller declines were recorded for consumer goods (-1.0% vs. -2.8%) and intermediate goods (-1.6% vs. -3.3%). Meanwhile, investment goods prices rose 1.8%, up from 1.6% in the previous month. On a monthly basis, the PPI edged down 0.1%, after increasing 0.3% in December.
2026-02-19
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