Inflation in Portugal

Portugal Inflation | Economic News & Forecasts

Portugal - 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 2010. 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 - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)0.5  0.6  1.4  1.0  0.3  

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Portugal Inflation Chart

Portugal Inflation
Note: Annual variation of consumer price index (HICP) in %.
Source: Statistics Portugal (INE).

Portugal Facts

Value Change Date
Bond Yield0.45-1.90 %Jan 01
Exchange Rate1.120.65 %Dec 31

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