Producer prices in Portugal fell 6.7 percent year-on-year in May of 2020, following a 5.5 percent drop in April and marking the 11th straight month of producer deflation. Energy prices plunged 25.1 percent and those for intermediate goods decreased 3.8 percent while cost of consumption goods was flat and prices of investment goods edged up 0.1 percent. On a monthly basis, producer prices declined 1 percent, after a 2.8 percent fall in April.

Producer Prices Change in Portugal averaged 2.14 percent from 1991 until 2020, 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 July of 2020. source: Statistics Portugal

Producer Prices Change in Portugal is expected to be 0.90 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.

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Portugal Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
-6.70 -5.40 18.40 -7.40 1991 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-18 11:00 AM Feb -3% -1.9%
2020-04-20 10:00 AM Mar -3.4% -3% -3.7%
2020-05-19 10:00 AM Apr -5.5% -2.1% -4.2%
2020-06-19 10:00 AM May -6.7% -5.4%
2020-07-17 10:00 AM Jun -6.7% -6.2%
2020-08-20 10:00 AM Jul
2020-09-18 10:00 AM Aug
2020-10-16 10:00 AM Sep 0.9%


News Stream
Portugal Producer Deflation Deepens
Producer prices in Portugal fell 6.7 percent year-on-year in May of 2020, following a 5.5 percent drop in April and marking the 11th straight month of producer deflation. Energy prices plunged 25.1 percent and those for intermediate goods decreased 3.8 percent while cost of consumption goods was flat and prices of investment goods edged up 0.1 percent. On a monthly basis, producer prices declined 1 percent, after a 2.8 percent fall in April.
2020-06-19
Portugal Producer Price Deflation Deepens in April
Portugal's producer prices dropped 5.5 percent from a year earlier in April 2020, following a revised 2.1 percent decline in the previous month. That was the largest decrease in prices since August 2009 led by falls in cost for energy (-22.3 percent vs -7.1 percent) and intermediate goods (-2.9 percent vs -2.4 percent). Meanwhile, prices were higher for both consumer (0.8 percent vs 0.6 percent) and capital goods (0.2 percent vs -0.1 percent).
2020-05-19
Portugal Producer Prices Drop the Most in Over 3-1/2-Years
Producer prices in Portugal fell 3.4 percent year-on-year in March 2020, following a 3 percent decrease in the previous month. It was the tenth consecutive decline in producer prices and the largest since July 2016, as cost dropped further for intermediate goods (-4.6 percent from -4.4 percent in February) and energy (-9.8 percent from -7 percent). In addition, prices of capital goods continued to fall (-0.3 percent, the same as in February). On the other hand, cost rose at a faster pace for consumption goods (0.6 percent from 0.2 percent), of which non-durable (0.2 percent from 0.4 percent) and durable (-0.5 percent from -0.6 percent). On a monthly basis, producer prices went down 0.4 percent.
2020-04-20
Portugal Producer Prices Fall the Most in Over 3-1/2-Years
Producer prices in Portugal dropped 3 percent year-on-year in February 2020, following a 1.9 percent fall in the previous month. It was the ninth consecutive decline in producer prices and the largest since July 2016, as cost went down further for energy (-7 percent from -0.7 percent in January). Also, prices slowed for consumption goods (0.2 percent from 0.6 percent), of which durable (-0.6 percent from a flat reading) and non-durable (0.4 percent from 0.7 percent). Meanwhile, cost fell at a softer pace for intermediate goods (-4.4 percent vs -5 percent) and capital (-0.3 percent from -0.4 percent). On a monthly basis, producer prices went up 1.1 percent, after an upwardly revised 0.2 percent gain in the prior month.
2020-03-18

Portugal Producer Prices Change
In Portugal, the Industrial Production Price Index aims to show the monthly evolution of transaction prices in economic activities for the domestic and foreign markets. The indices are obtained based on the Survey on Prices in the Production of Industrial Products, carried out by electronic form, with companies based in the national territory, focusing mainly on the extractive, manufacturing and electricity, gas and water industries. About 10123 prices are collected every month. Intermediate goods is the biggest segment of producer prices, accounting for 36 percent of total PPI, followed by consumer goods (31 percent), energy (20 percent) and capital goods (12 percent).