Portugal Producer Prices Fall at Fastest Pace in 5 Months

2026-03-18 11:26 By Judith Sib-at 1 min. read

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.



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Portugal Producer Prices Fall at Fastest Pace in 5 Months
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