Producer prices in Portugal declined 1.9 percent year-on-year in January of 2020, following an upwardly revised 2.3 percent drop in December and marking the eighth straight month of falls in producer prices. Prices continued to went down for intermediate goods (-5.1 percent vs -4.7 percent in December), capital goods (-0.6 percent vs -0.2 percent) and energy (-0.7 percent vs -3.2 percent). In contrast, prices rose faster for consumer goods (0.5 percent vs 0.3 percent). On a monthly basis, producer prices edged up 0.1 percent, the first rise in eight months, mainly due to a 1.6 percent surge in energy cost.
Producer Prices Change in Portugal averaged 1.43 percent from 2006 until 2020, reaching an all time high of 7.80 percent in July of 2008 and a record low of -6.70 percent in July of 2009. This page provides - Portugal Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics Portugal
Producer Prices Change in Portugal is expected to be 0.70 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 1.60 percent in 2021, according to our econometric models.