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Portugal Inflation Rate Confirmed at 9-Month High
The annual inflation rate in Portugal increased to 0.8 percent in January of 2020 from 0.4 percent in December, in line with the preliminary figures. It is the highest rate in nine months, mainly driven by cost of food (0.8 percent vs 0.2 percent in December); transport (3 percent vs 1.8 percent); housing and utilities (1.1 percent vs 0 percent); and alcoholic beverages and tobacco (2 percent vs 0.9 percent). On the other hand, cost of recreation and culture declined 1.3 percent (+0.7 percent in December ) and prices of clothing and footwear continued to drop (-1.9 percent vs 2 percent). On a monthly basis, consumer prices consumer prices fell 0.8 percent, slightly less than a 0.9 percent decline in the preliminary estimate.
Published on 2020-02-12

Portugal Inflation Rate Highest in 9 Months
The annual inflation rate in Portugal increased to 0.8 percent in January of 2020 from 0.4 percent in December. It is the highest rate in nine months, preliminary figures showed. Energy prices are seen jumping (3.13 percent vs 0.02 percent) and cost of non-processed food is expected to rise faster (1.93 percent vs 1.21 percent). On a monthly basis, consumer prices fell 0.9 percent after a 0.1 percent drop in December. The harmonized index rose 0.8 percent year-on-year and fell 0.8 percent month-over-month.
Published on 2020-01-31

Portugal Inflation Confirmed at 6-Month High
Portugal's consumer price inflation was confirmed at 0.4 percent year-on-year in December 2019, the highest in six months and compared to November's 0.3 percent. Main upward pressure came from transport (1.8 percent vs 0.8 percent), restaurants & hotels (1.9 percent vs 1.6 percent), and recreation & culture (0.7 percent vs 0.6 percent). Meanwhile, inflation slowed for food & non-alcoholic beverages (0.2 percent vs 0.3 percent) and miscellaneous goods & services (1.3 percent vs 1.5 percent). Housing prices were flat (vs -0.3 percent in November) while clothing & footwear costs dropped further (-2.0 percent vs -1.6 percent). Excluding energy and unprocessed food prices, the index rose 0.4 percent, compared to 0.6 percent in the previous month. Considering 2019 full year, the average inflation slowed to 0.3 percent from 1.0 percent in 2018.
Published on 2020-01-13

Portugal Inflation Rate Rises to 6-Month High
The annual inflation rate in Portugal in expected to increase to 0.4 percent in December 2019 from 0.3 percent in November, preliminary estimates showed. It is the higher inflation since June, as unprocessed food products are seen rising 1.2 percent (vs 1.0 percent in November) and energy costs are likely to be flat (vs -3.2 percent). Annual core inflation rate, which excludes prices of energy and unprocessed food products, is likely to decrease to 0.4 percent from 0.6 percent. On a monthly basis, consumer prices are seen falling 0.1 percent, the same as in the previous month. The harmonised index of consumer prices is expected to rise 0.4 percent year-on-year (-0.2 percent in November) and fall 0.3 percent month-over-month (-0.7 percent in November).
Published on 2020-01-02

Portugal November Inflation Confirmed at 0.3%
Portugal's consumer price inflation was confirmed at 0.3 percent year-on-year in November 2019, the first month of price increase since June, mainly boosted by a rebound in transport costs. Upward pressure came also from restaurants & hotels and recreation & culture, while inflation eased for both food & non-alcoholic beverages and miscellaneous goods & services. Core consumer prices, which exclude prices of energy and unprocessed food products, rose 0.6 percent from a year earlier in November, accelerating from a 0.3 percent gain in the previous month. On a monthly basis, consumer prices dropped 0.1 percent, after being unchanged in October.
Published on 2019-12-11

Portugal Consumer Prices Rebound
The annual inflation rate in Portugal in expected to rebound to 0.3 percent in November of 2019 from a flat reading in October, preliminary estimates showed. It is the first rise in consumer prices in five months, with energy deflation slowing. On a monthly basis, consumer prices are seen falling 0.1 percent, following a flat reading last month.
Published on 2019-11-29

Portugal Consumer Prices Confirmed Flat in October
Consumer prices in Portugal were unchanged from the previous year in October 2019, after a 0.1 percent decrease in the previous month and in line with market expectations. Cost rebounded for food and non-alcoholic beverages and restaurant and hotels while inflation was steady for health and miscellaneous goods and services. On a monthly basis, consumer prices showed no growth, compared with a 1.1 percent rise in the previous month and matching earlier estimates.
Published on 2019-11-13

Portugal Consumer Prices Flat in October
Consumer prices in Portugal are expected to remain unchanged from the previous year in October 2019, following three straight months of deflation, a preliminary estimate showed. A solid increase in unprocessed food products prices is likely to offset a sharp decline in energy costs.
Published on 2019-10-31

Portugal Deflation Confirmed for 3rd Month
Portugal's consumer prices fell 0.1 percent from a year earlier in September 2019, unrevised from the preliminary estimate and unchanged from the previous month. It was the third consecutive month of deflation. The largest downward pressure came from communications, clothing & footwear and recreation & culture.
Published on 2019-10-10

Portugal Consumer Prices Fall for 3rd Straight Month
Consumer prices in Portugal dropped 0.1 percent year-on-year in September 2019, the same pace as in the previous month, preliminary estimates showed. It is the third consecutive months of deflation, as energy cost should decline at a faster pace, according to flash estimates.
Published on 2019-09-30

Portugal Deflation Confirmed for 2nd Month
Portugal's consumer prices fell 0.1 percent from a year earlier in August 2019, unrevised from the preliminary estimate and following a 0.3 percent decline in the previous month. The largest downward pressure came from housing & utilities and clothing & footwear.
Published on 2019-09-11

Portugal Consumer Prices Fall for 2nd Straight Month
Consumer prices in Portugal decreased 0.1 percent year-on-year in August of 2019, following a 0.3 percent fall in the prior month, preliminary estimates showed. It is the second consecutive month of deflation, on the back of larger reductions in fuel prices, according to flash estimates.
Published on 2019-08-30

Portugal Falls into Deflation for 1st Time since 2015
Consumer prices in Portugal went down 0.3 percent from a year earlier in July 2019, compared to a 0.4 percent rise in the previous month and matching the flash estimate. It was the first month of deflation since February 2015, mainly due to prices of restaurants & hotels, clothing & footwear and housing & utilities.
Published on 2019-08-12

Portugal Consumer Prices Fall for 1st Time Since 2015
Consumer prices in Portugal decreased 0.3 percent year-on-year in July of 2019, down from a 0.4 percent rise in the previous month, preliminary estimates showed. It was the first fall in consumer prices since February of 2015, as energy cost is expected to drop further while unprocessed food should rise at a softer pace, according to flash estimates.
Published on 2019-07-31

Portugal Inflation Rate Confirmed at 0.4% in June
The annual inflation rate in Portugal stood at 0.4 percent in June 2019, unchanged from the prior month and matching the initial estimate. It remained at the lowest level since April 2018. Prices slowed mostly for transport and housing & utilities while ticked up for food.
Published on 2019-07-10

Portugal Inflation Rate Steady at 0.4% in June
The annual inflation rate in Portugal came in at 0.4 percent in June of 2019, unchanged from the previous month and remaining the lowest level since April of 2018, preliminary estimates showed. Energy cost is seen falling while prices of unprocessed food should rise further, preliminary estimates showed.
Published on 2019-06-28

Portugal May Inflation Rate Slows More than Estimated
The annual inflation rate in Portugal fell to 0.4 percent in May 2019 from 0.8 percent in the previous month and compared to an initial estimate of 0.5 percent. It is the lowest inflation rate since April last year, as prices rose much less for transport and restaurants & hotels. In contrast, cost rebounded slightly for food & non-alcoholic beverages.
Published on 2019-06-14

Portugal Inflation Rate at 4-Month Low of 0.5% in May
The annual inflation rate in Portugal is expected to edge down to 0.5 percent in May 2019 from 0.8 percent in the previous month, reaching its lowest level since January. Energy cost is seen slowing markedly while prices of unprocessed food should rise further, preliminary estimates showed.
Published on 2019-05-31

Portugal Inflation Rate Confirmed at 0.8% in April
The annual inflation rate in Portugal stood at 0.8 percent in April 2019, unchanged from the previous month and matching the initial estimate. Prices dropped for food & non-alcoholic beverages while continued to rise mainly for transport due to Easter holiday.
Published on 2019-05-13

Portugal Inflation Rate Steady at 0.8% in April
Consumer prices in Portugal are expected to increase 0.8 percent year-on-year in April of 2019, the same pace as in March, as cost of both unprocessed food and energy should soften, preliminary estimates showed.
Published on 2019-04-30