Core consumer prices in Portugal decreased 0.18 percent in September of 2020 over the same month in the previous year.
Core Inflation Rate in Portugal averaged 7.38 percent from 1978 until 2020, reaching an all time high of 31.27 percent in May of 1984 and a record low of -0.57 percent in January of 2010. This page provides - Portugal Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Core Inflation Rate - values, historical data and charts - was last updated on October of 2020.
Core Inflation Rate in Portugal is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Portugal to stand at 1.00 in 12 months time. In the long-term, the Portugal Core Inflation Rate is projected to trend around 1.20 percent in 2021 and 1.60 percent in 2022, according to our econometric models.