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||1.59||-1.90 %||Feb 14|
|Exchange Rate||1.13||0.65 %||Feb 14|
|Stock Market||5,087||-0.02 %||Feb 14|
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January 30, 2019
Portugal’s industrial output fell for the eighth consecutive month in December, although the rate of contraction eased markedly.
Portugal: Consumer confidence dives to nearly two-year low and economic sentiment dips again in January
January 30, 2019
According to the National Statistics Institute’s (INE) survey of consumer sentiment released on 30 January, consumer confidence continued to worsen in January, marking the fourth consecutive month of deterioration.
January 3, 2019
According to the National Statistics Institute’s (INE) survey of consumer sentiment released on 3 January, consumer confidence rose slightly in December but remained in pessimistic territory.
December 28, 2018
Portugal’s industrial output contracted for the seventh consecutive month in November, declining 2.9% over the same month of the previous year.
November 30, 2018
Portugal’s industrial sector contracted for the sixth consecutive month in October, with output declining 0.3% year-on-year, matching revised September’s reading (previously reported: -0.1% year-on-year).