Producer prices in Portugal fell 4.6 percent year-on-year in October of 2020, the same as in September, and marking the 16th straight month of falling producer prices. Cost edged down for consumption goods (-0.1 percent vs -0.2 percent in the previous month) and fell 2.3 percent for intermediate goods (vs -2.7 percent in September) and 18.5 percent for energy (vs -17.6 percent). On the other hand, cost of investment goods increased 0.5 percent (vs 0.2 percent in September). Compared with the previous month, producer prices inched up 0.1 percent after a flat reading. source: Statistics Portugal
Producer Prices Change in Portugal averaged 2.04 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 November of 2020.
Producer Prices Change in Portugal is expected to be -1.20 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 1.00 in 12 months time. In the long-term, the Portugal Producer Prices Change is projected to trend around 1.40 percent in 2021 and 1.70 percent in 2022, according to our econometric models.