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.