Producer prices in Portugal increased 0.7 percent year-on-year in March of 2021, the first increase since June of 2019, and rebounding from a 2.0 percent decline in February. Upward pressure came from all groups: non-durable consumption goods (0.7 percent vs 0.2 percent in February), durable goods (0.6 percent vs 0.5 percent) and investment goods (0.7 percent vs 0.3 percent). Additionally, energy prices fell at a slower pace (-3.4 percent vs -12.5 percent). On a monthly basis, producer prices rose by 2.0 percent, after being flat in the month prior. source: Statistics Portugal
Producer Prices Change in Portugal averaged 1.98 percent from 1991 until 2021, 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 May of 2021.
Producer Prices Change in Portugal is expected to be 1.10 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 1.40 in 12 months time. In the long-term, the Portugal Producer Prices Change is projected to trend around 1.70 percent in 2022, according to our econometric models.