Portugal’s industrial producer inflation accelerated to 5.8% year-on-year in July 2026, the highest level since February 2023, up from an upwardly revised 5.1% in June. The acceleration was mainly driven by stronger price growth for energy goods, remaining elevated at 15.8% after a 12.7% rise in the prior month, non-durable consumer goods (1.9% vs 1.3%), intermediate goods (6.5% vs 6.3%), and capital goods (2.3% vs 2.2%). By sector, price growth rebounded sharply in utilities to 8.1%, following a 1.7% decline in June, while easing in mining (73% vs 74.3%), although remaining elevated, and manufacturing (4.8% vs 4.9%). On a monthly basis, producer prices rose 0.8%, slowing from an upwardly revised 0.9% increase in June. source: Statistics Portugal

Producer Prices in Portugal increased 5.80 percent in July of 2026 over the same month in the previous year. Producer Prices Change in Portugal averaged 1.99 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 September of 2026.

Producer Prices in Portugal increased 5.80 percent in July of 2026 over the same month in the previous year. Producer Prices Change in Portugal is expected to be 6.60 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 2.30 percent in 2027 and 1.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-20 10:00 AM
PPI YoY
Jun 5.0% 5.1% 3.8%
2026-08-18 10:00 AM
PPI YoY
Jul 5.8% 5.1% 5.4%
2026-09-18 10:00 AM
PPI YoY
Aug 5.8% 6.7%


Related Last Previous Unit Reference
CPI 103.24 103.79 points Jul 2026
Core Consumer Prices 102.57 103.31 points Jul 2026
Core Inflation Rate 2.66 2.57 percent Aug 2026
CPI Housing Utilities 103.38 103.31 points Jul 2026
CPI Transportation 105.93 105.43 points Jul 2026
Food Inflation 2.24 2.95 percent Jul 2026
GDP Deflator 129.14 128.72 points Jun 2026
Harmonised Consumer Prices 104.09 103.76 points Aug 2026
Inflation Rate YoY 3.31 3.04 percent Aug 2026
Inflation Rate MoM 0.05 -0.53 percent Aug 2026
PPI MoM 0.80 0.80 percent Jul 2026
Producer Prices 122.93 121.92 points Jul 2026
PPI YoY 5.80 5.10 percent Jul 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
5.80 5.10 22.40 -10.60 2006 - 2026 percent Monthly
NSA

News Stream
Portugal Producer Inflation Highest Since 2023
Portugal’s industrial producer inflation accelerated to 5.8% year-on-year in July 2026, the highest level since February 2023, up from an upwardly revised 5.1% in June. The acceleration was mainly driven by stronger price growth for energy goods, remaining elevated at 15.8% after a 12.7% rise in the prior month, non-durable consumer goods (1.9% vs 1.3%), intermediate goods (6.5% vs 6.3%), and capital goods (2.3% vs 2.2%). By sector, price growth rebounded sharply in utilities to 8.1%, following a 1.7% decline in June, while easing in mining (73% vs 74.3%), although remaining elevated, and manufacturing (4.8% vs 4.9%). On a monthly basis, producer prices rose 0.8%, slowing from an upwardly revised 0.9% increase in June.
2026-08-18
Portugal Producer Inflation Eases in June
Industrial producer inflation in Portugal eased to 5.0% year-on-year in June 2026, slowing from 5.1% in the previous month. The moderation was primarily driven by a slowdown in energy inflation, which eased to 12.7% from 19.5%, as producer prices in the utilities sector fell 1.7% after rising 7.5% in May. In contrast, price growth accelerated across the remaining major categories. Intermediate goods posted the strongest increase (6.3% vs. 4.6%), followed by non-durable consumer goods (1.1% vs. 0.6%), durable consumer goods (2.0% vs. 0.6%) and capital goods (2.2% vs. 1.8%). On a monthly basis, producer prices rose 0.8% in June, easing from a 1.0% increase in the previous month.
2026-07-20
Portugal Producer Inflation Accelerates to Over Three-Year High
Industrial producer inflation in Portugal accelerated to 5.1% year-on-year in May 2026, marking the highest increase since February 2023, following a 3.8% rise in April. The increase was driven primarily by energy prices, which surged 19.5%, up from 17.2% in the previous month. Inflation also accelerated for intermediate goods (4.2% vs. 2.2%), while prices for non-durable consumer goods edged up 0.3% after remaining unchanged in April. Meanwhile, price growth for capital goods eased to 1.5% from 2.2%, while inflation for durable consumer goods stood at 1.6%. On a monthly basis, industrial producer prices increased 1.0% in May, following a 2.4% rise in April.
2026-06-18