Inflation in Portugal
Portugal - Harmonized Inflation
Inflation inches down in February
In February, consumer prices remained flat over the previous month, following the 0.6% increase recorded in January and were slightly below the 0.1% rise tallied in February 2011. As a result, annual inflation inched down to 3.5% in February (January: 3.6% year-on-year). The reading showed that lower prices for clothing and footwear were completely offset by higher energy costs. Meanwhile, annual core inflation, which excludes prices of unprocessed food and energy, decreased from 2.1% in January to 1.9% in February. Annual average HICP inflation (based on the harmonized index of consumer prices) rose for the 12th consecutive month, stepping up from 1.7% in January to 2.0% in February, which represented a two-year high.
Portugal - Harmonized Inflation Data
|Inflation Rate (HICP, annual variation in %)||0.4||-0.2||0.5||0.6||1.6|
5 years of economic forecasts for more than 30 economic indicators.
Portugal Harmonized Inflation Chart
Source: Statistics Portugal (INE).
|Bond Yield||2.03||-1.90 %||Oct 12|
|Exchange Rate||1.16||0.65 %||Oct 12|
|Stock Market||5,007||-0.02 %||Oct 12|
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September 28, 2018
Industrial production dipped 2.9% over the same month of last year in August, following a revised 1.3% year-on-year decline in July (previously reported: -1.7% year-on-year).
September 27, 2018
According to the National Statistics Institute’s (INE) survey of consumer sentiment released on 27 September, consumer confidence deteriorated marginally and remained entrenched in negative territory.
August 31, 2018
Detailed national accounts data, released by the Statistical Institute on 31 August, confirmed that the economy picked up slightly in the second quarter of 2018.
August 30, 2018
Industrial production contracted 1.7% over the same month of last year in July, following a revised 0.2 % year-on-year decline in June (previously reported: -0.9% year-on-year).
Portugal: Consumer confidence remains in pessimistic territory, while economic sentiment stabilizes in August
August 30, 2018
According to the National Statistics Institute’s (INE) survey of consumer sentiment released on 30 August, consumer confidence showed marginal improvement but remained entrenched in negative territory.