Portugal Inflation Rate  1961-2018 | Data | Chart | Calendar | Forecast

The annual inflation rate in Portugal eased to 1.2 percent in August 2018 from a 15-month high of 1.6 percent in July, matching the preliminary estimate. It was the lowest inflation rate since May, as prices slowed mainly for food and restaurants & hotels. Inflation Rate in Portugal averaged 8.60 percent from 1961 until 2018, reaching an all time high of 53.90 percent in May of 1977 and a record low of -1.60 percent in June of 2009.

Portugal Inflation Rate
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Portugal Inflation Rate Confirmed at 3-Month Low of 1.2%


The annual inflation rate in Portugal eased to 1.2 percent in August 2018 from a 15-month high of 1.6 percent in July, matching the preliminary estimate. It was the lowest inflation rate since May.

Year-on-year, prices increased at a slower pace for: food & non-alcoholic beverages (0.90 percent vs 1.19 percent in July); restaurants & hotels (1.11 percent vs 4.82 percent); miscellaneous goods & services (0.48 percent 0.65 percent) and alcoholic beverages & tobacco (2.40 percent vs 2.87 percent). In addition, cost continued to fall for clothing & footwear (-2.46 percent vs -2.81 percent) and furniture & household equipment (-0.31 percent vs -0.48 percent).

On the other hand, inflation quickened for: transport (4.00 percent vs 3.98 percent); housing & utilities (2.65 percent vs 2.60 percent), of which rents (2.2 percent vs 2.1 percent); recreation & culture (0.49 percent after prices showed no growth in July) and health (1.22 percent vs 1.19 percent).

Annual core inflation, which excludes energy and unprocessed food products components eased to 0.6 percent, in line with the preliminary figure, from 1.0 percent in the previous month. It was the lowest rate since April.

On a monthly basis, consumer prices went down 0.3 percent as initially estimated, following a 0.6 percent fall in July. The main decreases in monthly consumer price index were recorded for clothing & footwear (-5.6 percent vs -13.0 percent) and restaurants & hotels (-1.8 percent vs 1.4 percent).

The harmonized consumer price index rose by 1.3 percent year-on-year (2.2 percent in July) and decreased by 0.7 percent month-over-month (-0.4 percent in July).


INE | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
9/12/2018 10:40:55 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-08-10 10:00 AM Inflation Rate YoY Final 1.6% 1.6% 1.6% 1.6%
2018-08-31 08:30 AM Inflation Rate YoY Prel 1.2% 1.6% 1.6%
2018-09-12 10:00 AM Inflation Rate YoY Final 1.2% 1.6% 1.2% 1.2%
2018-09-28 08:30 AM Inflation Rate YoY Prel 1.2% 1.5%
2018-10-11 10:00 AM Inflation Rate YoY Final 1.2% 1.5%
2018-10-31 09:30 AM Inflation Rate YoY Prel 1.5%


Portugal Prices Last Previous Highest Lowest Unit
Inflation Rate 1.20 1.60 53.90 -1.60 percent [+]
Inflation Rate Mom -0.30 -0.60 8.30 -5.60 percent [+]
Harmonised Consumer Prices 103.46 104.16 104.57 43.89 Index Points [+]
Consumer Price Index CPI 103.30 103.66 104.29 1.09 Index Points [+]
Core Consumer Prices 102.98 103.48 104.31 4.95 Index Points [+]
Core Inflation Rate 0.61 0.98 31.27 -0.57 percent [+]
Producer Prices 104.44 104.19 107.50 92.00 Index Points [+]
Producer Prices Change 4.60 4.50 7.80 -7.30 percent [+]
CPI Housing Utilities 108.19 108.04 108.19 4.59 Index Points [+]
CPI Transportation 102.95 102.28 102.95 3.31 Index Points [+]
Food Inflation 0.90 1.19 38.68 -6.33 percent [+]
GDP Deflator 1.00 1.30 4.50 -1.10 percent [+]


Portugal Inflation Rate

In Portugal, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The most important categories in the Portuguese consumer price index are Food and non-alcoholic beverages (20.8 percent of the total weight), Transport (14 percent), Miscellaneous Goods and Services (10.4 percent) and Housing, water, electricity, gas and other fuels (10.3 percent). Restaurants and Hotels account for 8.6 percent, Recreation and Culture for 7.2 percent and Clothing and Footwear for 6.9 percent. The index also includes: Health (6.3 percent) and Furnishings, household equipment and routine maintenance of the house (6.2 percent). Alcoholic beverages and tobacco, Communication and Education account for the remaining 9.4 percent. This page provides - Portugal Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Inflation Rate - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.20 1.60 53.90 -1.60 1961 - 2018 percent Monthly
2012=100




inflation rate by Country
Country Last
Argentina 34.40 Aug/18
Australia 2.10 Jun/18
Brazil 4.19 Aug/18
Canada 2.80 Aug/18
China 2.30 Aug/18
Euro Area 2.00 Aug/18
France 2.30 Aug/18
Germany 2.00 Aug/18
India 3.69 Aug/18
Indonesia 3.20 Aug/18
Italy 1.60 Aug/18
Japan 1.30 Aug/18
Mexico 4.90 Aug/18
Netherlands 2.30 Aug/18
Russia 3.10 Aug/18
Saudi Arabia 2.20 Jul/18
Singapore 0.60 Jul/18
South Africa 4.90 Aug/18
South Korea 1.40 Aug/18
Spain 2.20 Aug/18
Switzerland 1.20 Aug/18
Turkey 17.90 Aug/18
United Kingdom 2.70 Aug/18
United States 2.70 Aug/18


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