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

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, mainly driven by higher prices of food & non-alcoholic beverages, transport and housing & utilities. Inflation Rate in Portugal averaged 8.62 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 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.

Main upward pressure came from: food & non-alcoholic beverages (1.2 percent vs 0.7 percent in May); transport (4.1 percent vs 3.8 percent); housing & utilities (2.3 percent vs 2 percent); miscellaneous goods & services (0.6 percent vs 0.3 percent); and restaurants & hotels (3.8 percent vs 2.9 percent). In addition, recreation and culture prices were unchanged (vs -0.7 percent in May) and clothing & footwear deflation eased (-2.7 percent vs -3.3 percent).
Annual core inflation rate, which excludes energy and unprocessed food products, rose to 1 percent in June from 0.6 percent in May, matching the preliminary estimate.
On a monthly basis, consumer prices edged up 0.1 percent in June as previously estimated, following a 0.4 percent gain in May. An increase in transport prices (0.7 percent vs 0.5 percent) was partly offset by a decline in cost of clothing & footwear (-1.3 percent vs unchanged).
The harmonized consumer price index increased by 2 percent year-on-year (vs 1.4 percent in May) and was unchanged month-over-month (vs 0.8 percent in May).


INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
7/11/2018 3:04:16 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-06-12 10:00 AM Inflation Rate YoY Final 1% 0.4% 1.0% 1.0%
2018-06-29 08:30 AM Inflation Rate YoY Prel 1.6% 1% 1.2%
2018-07-11 10:00 AM Inflation Rate YoY Final 1.5% 1% 1.6% 1.6%
2018-07-31 08:30 AM Inflation Rate YoY Prel 1.5% 1.6%
2018-08-10 10:00 AM Inflation Rate YoY Final 1.5% 1.6%
2018-08-31 08:30 AM Inflation Rate YoY Prel 1.4%


Portugal Prices Last Previous Highest Lowest Unit
Inflation Rate 1.50 1.00 53.90 -1.60 percent [+]
Inflation Rate Mom 0.10 0.40 8.30 -5.60 percent [+]
Harmonised Consumer Prices 104.57 104.55 104.57 43.89 Index Points [+]
Consumer Price Index CPI 104.29 104.23 104.29 1.09 Index Points [+]
Core Consumer Prices 104.31 104.28 104.31 4.95 Index Points [+]
Core Inflation Rate 0.95 0.64 31.27 -0.57 percent [+]
Producer Prices 103.30 101.80 107.50 92.00 Index Points [+]
Producer Prices Change 3.10 1.40 7.80 -7.30 percent [+]
CPI Housing Utilities 107.91 107.76 107.91 4.59 Index Points [+]
CPI Transportation 101.43 100.68 101.63 3.31 Index Points [+]
Food Inflation 1.24 0.70 38.68 -6.33 percent [+]
GDP Deflator 1.30 1.70 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.00 53.90 -1.60 1961 - 2018 percent Monthly
2012=100




inflation rate by Country
Country Last
Australia 1.90 Mar/18
Brazil 4.39 Jun/18
Canada 2.20 May/18
China 1.90 Jun/18
Euro Area 2.00 Jun/18
France 2.00 Jun/18
Germany 2.10 Jun/18
India 5.00 Jun/18
Indonesia 3.12 Jun/18
Italy 1.40 Jun/18
Japan 0.70 May/18
Mexico 4.65 Jun/18
Netherlands 1.70 Jun/18
Russia 2.30 Jun/18
South Korea 1.50 Jun/18
Spain 2.30 Jun/18
Switzerland 1.10 Jun/18
Turkey 15.39 Jun/18
United Kingdom 2.40 May/18
United States 2.90 Jun/18


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