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.

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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

Recent Releases

Portugal Inflation Rate Slows to 1.2% in August
Portugal's annual inflation rate is expected to ease to 1.2 percent in August 2018 from a 15-month high of 1.6 percent in the previous month, a preliminary reading showed.
Published on 2018-08-31

Portugal July inflation Rate Confirmed at 15-Month High
Annual inflation rate in Portugal rose to 1.6 percent in July of 2018 from 1.5 percent in June, matching the preliminary estimate. It was the highest inflation rate since April 2017.
Published on 2018-08-10

Portugal Inflation Rate Hits 15-Month High in July
Annual inflation rate in Portugal is expected to increase to 1.6 percent in July 2018 from 1.5 percent in the previous month, a preliminary reading showed. It is the highest rate since April 2017.
Published on 2018-07-31

Portugal June Inflation Rate Revised Lower to 1.5%
The annual inflation rate in Portugal stood at 1.5 percent in June 2018, revised from a preliminary reading of 1.6 percent and compared with the previous month's 1 percent. It was the highest rate since December as cost of most products increased.
Published on 2018-07-11

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

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inflation rate by Country

Country	Last		Previous	Highest	Lowest
Argentina	34.40	Aug/18	31.2	20263	-7	%	Monthly
Australia	2.10	Jun/18	1.9	23.9	-1.3	%	Quarterly
Brazil	4.19	Aug/18	4.48	6821	1.65	%	Monthly
Canada	2.80	Aug/18	3	21.6	-17.8	%	Monthly
China	2.30	Aug/18	2.1	28.4	-2.2	%	Monthly
Euro Area	2.00	Aug/18	2.1	5	-0.7	%	Monthly
France	2.30	Aug/18	2.3	18.8	-0.7	%	Monthly
Germany	2.00	Aug/18	2	11.54	-7.62	%	Monthly
India	3.69	Aug/18	4.17	12.17	1.54	%	Monthly
Indonesia	3.20	Aug/18	3.18	82.4	-1.17	%	Monthly
Italy	1.60	Aug/18	1.5	25.64	-0.6	%	Monthly
Japan	1.30	Aug/18	0.9	24.9	-2.5	%	Monthly
Mexico	4.90	Aug/18	4.81	180	2.13	%	Monthly
Netherlands	2.30	Aug/18	2.1	11.19	-1.3	%	Monthly
Russia	3.10	Aug/18	2.5	2333	2.2	%	Monthly
Saudi Arabia	2.20	Jul/18	2.1	11.1	-2	%	Monthly
Singapore	0.60	Jul/18	0.6	34	-3.1	%	Monthly
South Africa	4.90	Aug/18	5.1	20.7	0.2	%	Monthly
South Korea	1.40	Aug/18	1.5	32.5	0.2	%	Monthly
Spain	2.20	Aug/18	2.2	28.43	-1.37	%	Monthly
Switzerland	1.20	Aug/18	1.2	11.92	-1.4	%	Monthly
Turkey	17.90	Aug/18	15.85	139	-4.01	%	Monthly
United Kingdom	2.70	Aug/18	2.5	8.5	-0.1	%	Monthly
United States	2.70	Aug/18	2.9	23.7	-15.8	%	Monthly