Core consumer prices in Portugal, which excludes energy and unprocessed food products, dropped 0.3% year-on-year, after a 0.6% increase in May and compared to a previous estimate of a 0.2% fall source: Statistics Portugal
Core Inflation Rate in Portugal averaged 7.26 percent from 1978 until 2021, reaching an all time high of 31.27 percent in May of 1984 and a record low of -0.57 percent in January of 2010. This page provides - Portugal Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Core Inflation Rate - values, historical data and charts - was last updated on August of 2021.
Core Inflation Rate in Portugal is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Portugal to stand at 1.50 in 12 months time. In the long-term, the Portugal Core Inflation Rate is projected to trend around 1.70 percent in 2022 and 1.90 percent in 2023, according to our econometric models.