Producer prices in Portugal surged 13.3 percent year-on-year in September of 2021 from 11 percent in the previous month. It was the highest reading since July of 2000, reflecting a low base effect from last year due to the pandemic and the reopening of the economy. Producer prices rose in all sectors, led by energy (39.4 percent vs 29.7 percent in August), followed by intermediate goods (14.1 percent vs 13.1 percent), consumer goods (2.6 percent vs 2.2 percent), and capital goods (2.3 percent vs 1.8 percent). On a monthly basis, producer prices advanced 2.1 percent, the fastest rate since January, from a 0.8 percent increase in August. source: Statistics Portugal
Producer Prices Change in Portugal averaged 2.10 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 October of 2021.
Producer Prices Change in Portugal is expected to be 12.00 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 2.00 percent in 2022, according to our econometric models.