The transportation sub-index of the CPI basket in Portugal decreased to 102.37 Index Points in May of 2019 from 102.80 Index Points in April of 2019. CPI Transportation in Portugal averaged 56.83 Index Points from 1977 until 2019, reaching an all time high of 102.95 Index Points in August of 2018 and a record low of 3.31 Index Points in January of 1977.
CPI Transportation in Portugal is expected to be 102.44 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate CPI Transportation in Portugal to stand at 103.07 in 12 months time. In the long-term, the Portugal CPI Transportation is projected to trend around 105.73 Index Points in 2020, according to our econometric models.