The stocks of goods held by firms in Portugal increased by 488.30 EUR Million in the first quarter of 2019. Changes in Inventories in Portugal averaged 119.95 EUR Million from 1995 until 2019, reaching an all time high of 531.75 EUR Million in the first quarter of 2014 and a record low of -477.29 EUR Million in the fourth quarter of 2011.
Changes in Inventories in Portugal is expected to be 150.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes in Inventories in Portugal to stand at 55.00 in 12 months time. In the long-term, the Portugal Changes in Inventories is projected to trend around 95.00 EUR Million in 2020, according to our econometric models.