Producer prices in Portugal decreased 4.6 percent year-on-year in September of 2020, the 15th straight month of falling producer prices but the smallest drop since March. Energy prices went down 17.6 percent (vs -18.7 percent in the previous month); cost of intermediate goods declined 2.7 percent (vs -3.2 percent) and consumption goods edged down 0.2 percent after a 0.3 percent fall. Prices of capital goods increased 0.2 percent, easing from a 0.6 percent rise in August. On a monthly basis, producer prices edged up 0.1 percent, reversing from a 0.1 percent fall in the previous month.
Producer Prices Change in Portugal averaged 2.06 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 October of 2020. source: Statistics Portugal
Producer Prices Change in Portugal is expected to be -1.20 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 1.00 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.