Portugal's producer price inflation accelerated to 8.9 percent year-on-year in June 2021, from a revised 7.7 percent in the previous month, reflecting a low base year and the gradual reopening of the economy. It was the highest producer price inflation since October 2000, boosted by cost for energy (24.3 percent vs 24.0 percent), intermediate goods (10.3 percent vs 8.2 percent), consumer goods (2.0 percent vs 1.5 percent), and capital goods (1.5 percent vs 1.0 percent). source: Statistics Portugal
Producer Prices Change in Portugal averaged 2.02 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 August of 2021.
Producer Prices Change in Portugal is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Portugal to stand at 3.70 in 12 months time. In the long-term, the Portugal Producer Prices Change is projected to trend around 2.50 percent in 2022 and 1.70 percent in 2023, according to our econometric models.