Producer prices in Portugal surged 11 percent year-on-year in August of 2021 from a downwardly revised 10.1 percent in the previous month. It was a fresh reading since August of 2000, reflecting a low base year due to the pandemic and reopening of the economy since. Price increases were driven by energy (29.7 percent vs 26 percent in July), intermediate goods (13.1 percent vs 12.4 percent) and consumer goods (2.2 percent vs 2.1 percent), while inflation slowed for investment goods (1.8 percent vs 2 percent). On a monthly basis, producer prices advanced 0.8 percent, compared to the downwardly revised 1.4 percent in July. source: Statistics Portugal

Producer Prices Change in Portugal averaged 2.07 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 September of 2021.

Producer Prices Change in Portugal is expected to be 6.50 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 2.50 percent in 2022 and 1.70 percent in 2023, according to our econometric models.

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Portugal Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
11.00 10.20 18.40 -7.40 1991 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-18 10:00 AM May 7.8% 5.1% 6.4%
2021-07-16 10:00 AM Jun 8.9% 7.7% 8.0%
2021-08-18 10:00 AM Jul 10.2% 8.9% 9.4%
2021-09-17 09:30 AM Aug 11% 10.1% 11%
2021-10-19 10:00 AM Sep 11%
2021-11-17 11:00 AM Oct
2021-12-20 11:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Portugal Producer Inflation Remains at 21-Year High
Producer prices in Portugal surged 11 percent year-on-year in August of 2021 from a downwardly revised 10.1 percent in the previous month. It was a fresh reading since August of 2000, reflecting a low base year due to the pandemic and reopening of the economy since. Price increases were driven by energy (29.7 percent vs 26 percent in July), intermediate goods (13.1 percent vs 12.4 percent) and consumer goods (2.2 percent vs 2.1 percent), while inflation slowed for investment goods (1.8 percent vs 2 percent). On a monthly basis, producer prices advanced 0.8 percent, compared to the downwardly revised 1.4 percent in July.
2021-09-17
Portugal Producer Inflation at 21-Year High
Producer prices in Portugal jumped 10.2 percent year-on-year in July of 2021, quickening from an 8.2 percent hike in the previous month, reflecting low base year effects and the reopening of the economy. It was the highest producer price inflation since August of 2000, mainly driven by steep rises in energy (26.0 percent vs 24.3 percent) and intermediate goods charges (12.7 percent vs 10.3 percent). To a lesser extent, upward pressure also came from both investment (2.0 percent vs 1.5 percent) and consumer goods (2.0 percent, the same as in June). On a monthly basis, producer prices advanced 1.5 percent, easing from a 1.6 percent rise in June.
2021-08-18
Portugal Producer Prices Rise Most Since 2000
Portugal's producer price inflation accelerated to 8.9 percent year-on-year in June 2021, from a revised 7.7 percent in the previous month, reflecting a low base year and the gradual reopening of the economy. It was the highest producer price inflation since October 2000, boosted by cost for energy (24.3 percent vs 24.0 percent), intermediate goods (10.3 percent vs 8.2 percent), consumer goods (2.0 percent vs 1.5 percent), and capital goods (1.5 percent vs 1.0 percent).
2021-07-16
Portugal Producer Inflation Jumps to 13-Year High
Producer prices in Portugal jumped 7.8 percent year-on-year in May of 2021, accelerating from a 5.1 percent gain in the previous month. It was the highest producer inflation since July 2008, as cost advanced faster for energy (24 percent vs 17.1 percent in April); intermediate goods (8.3 percent vs 5 percent) and non durable consumer goods (1.6 percent vs 0.4 percent). Meantime, prices slowed for consumer durable goods (0.8 percent vs 0.9 percent) and investment goods (1.2 percent vs 1.3 percent). On a monthly basis, producer prices rose by 1.6 percent, following a 1.5 percent increase in April.
2021-06-18

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).