Producer prices in Portugal decreased 3.0 percent year-on-year in January of 2021, following the 4.0 percent drop in the previous month. It was the slowest producer deflation since March of 2020, as energy prices fell at a softer pace (-14.5 percent vs -17.1 percent in December), the same as intermediate goods (-1.7 percent vs -0.4 percent), while prices were flat for consumption goods (vs -0.2 percent). On the other hand, prices increased faster for investment goods (1.2 percent vs 1.0 percent). On a monthly basis, producer prices jumped 2.2 percent, after edging up 0.1 percent in December. source: Statistics Portugal
Producer Prices Change in Portugal averaged 1.99 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 March of 2021.
Producer Prices Change 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 Producer Prices Change in Portugal to stand at 1.40 in 12 months time. In the long-term, the Portugal Producer Prices Change is projected to trend around 1.70 percent in 2022, according to our econometric models.