The stocks of goods held by firms in Portugal increased by 342.87 EUR Million in the fourth quarter of 2018. Changes in Inventories in Portugal averaged 117.16 EUR Million from 1995 until 2018, reaching an all time high of 531.75 EUR Million in the first quarter of 2014 and a record low of -477.29 EUR Million in the fourth quarter of 2011.
Changes in Inventories in Portugal is expected to be 65.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes in Inventories in Portugal to stand at 75.00 in 12 months time. In the long-term, the Portugal Changes in Inventories is projected to trend around 95.00 EUR Million in 2020, according to our econometric models.