FX Daily: Dodging The Pivot. In August 2022, the monthly inflation rate was -0.33. The Fed should hike by 75bp today, but markets appear divided on the degree of openness to slower tightening by Chair Powell. If you are an admin, please authenticate by logging in again. "Portugal: Inflation rate from 1987 to 2027 (compared to the previous year)." The consumer price inflation rate in Portugal was confirmed at 9.3 percent year-on-year in September 2022, up from 8.9 percent in the previous month and the highest since September 1992,. Despite a slight decrease from the previous quarter, the overall health of the labour market remains strong. The maximum level was 106 Index Points and minimum was 43.89 Index Points. You can find upcoming CPI release dates on our schedule page. Portugal: Harmonized inflation comes in at highest level since September 1991 in September October 19, 2022 Harmonized inflation came in at 9.8% in September, which was up from August's 9.3%. Economic Forecast Summary (June 2022) Real GDP is projected to grow by 5.4% in 2022 and 1.7% in 2023. By calculating the value in 1956 dollars, the chart below shows how 100 is worth less over 66 years. This means that today's prices are 110.88 times higher than average prices since 1956, according to the OECD and the World Bank consumer price index for Portugal. . In 2021, chained inflation was 4.49%. The inflation shock is getting worse, which is likely to put pressure on household consumption. 7.7. LISBON (Reuters) -Portugal's economic growth accelerated to 0.4% in the third quarter from the previous quarter's 0.1% thanks to an unexpected rise in private consumption despite high inflation, although annual expansion slowed in a potential sign of things to come. Moreover, core inflation, which excludes the most volatile components, has averaged 0.8%. The main drivers were the energy and food components within the inflation basket. We forecast a 10%, ArticleTightening swap spreads in euro are a reflection of markets pricing the prospect of, ArticleDemand concerns have weighed on oil prices so far this week. Inflation rose sharply again in October to 10.2% year-on-year from 9.3% in the previous month, reaching the highest level since May 1992. The maximum level was 104 Index Points and minimum was 3.31 Index Points. In September, unemployment stood at 6.1%, 0.1 percentage points higher than in August. The next inflation update is scheduled for release on Oct. 13 at 8:30 a.m. The annual inflation rate for the United States is 8.3% for the 12 months ended August 2022 after rising 8.5% previously, according to U.S. Labor Department data published Sept. 13. Then you can access your favorite statistics via the star in the header. Please do not hesitate to contact me. La accin del precio de Ripple no va a ninguna parte ya que las ganancias del viernes se evaporan durante el fin de semana. Underlying inflation is also high and stronger than anticipated. Quisque faucibus sapien eu sapien efficitur posuere. Current CPI: 296.276. To calculate cumulative rates between two different periods, you can use the Portugal Inflation Calculator. Ian Webster is an engineer and data expert based in San Mateo, California. The 5-year and 10-year columns display the rolling average of the yearly inflation. Core Consumer Prices in Portugal increased to 113 Index Points in September 2022. The latest indicators are already pointing to a deterioration in the economic outlook, likely pushing the economy into a mild recession from the fourth quarter onwards. Please create an employee account to be able to mark statistics as favorites. Overall, inflation is projected at 6.8% in 2022 and 3.6% in 2023. This data was released on for the reference month of October 2022. High inflation and economic uncertainty will likely dampen investment and consumption over the winter months, but government supportis expected to cushion the impact. Data published Monthly by Statistics. Accessed November 10, 2022. https://www.statista.com/statistics/372347/inflation-rate-in-portugal/, IMF. Research expert covering historical data Get in touch with us now , Jun 1, 2022 This statistic shows the average inflation rate in Portugal from 1987 to 2021, with projections up until 2027. Generali strikes long-term distribution deal with Portugal's post office . Portugal Core Inflation Rate Summary Forecast Stats Download Core consumer prices in Portugal increased 6.89 percent in September of 2022 over the same month in the previous year. Price expectations in industry and trade rebounded significantly in September and October, although they had fallen slightly from their peak levels before summer. The graph above shows the annual inflation rates in Portugal for the previous 10 calendar years, from 2012. 6.7. Chart. Projections are based on an assessment of the economic climate in individual countries and the world economy, using a combination of model-based analyses and expert judgement. Your windows may soon produce power thanks to transparent solar panels In the space of just one month, prices rose 1.3% (up from 1.2% in September). Duis laoreet erat nulla, at rutrum urna finibus at. If this number holds, 100 today will be equivalent in buying power to 109.28 next year. Recent, Themes tagsEurozoneGDPInflationECBUSEmerging MarketsFXMonetary policyChinaHungary, The Portuguese economy performed much better than expected in the third quarter,growing0.4% whilethe labour market remained very tight. . May 31, 2022. For example, if you started with 100, you would need to end with 11,087.61 in order to "adjust" for inflation (sometimes refered to as "beating inflation"). These values can be useful for long-term analysis and forecasting. For additional years, see the historical inflation rates. In the space of justone month, prices rose 1.3%(up from 1.2% in September). That's a little. ", IMF, Portugal: Inflation rate from 1987 to 2027 (compared to the previous year) Statista, https://www.statista.com/statistics/372347/inflation-rate-in-portugal/ (last visited November 10, 2022), Portugal: Inflation rate from 1987 to 2027, Annual business confidence index for the industrial sector in EU 2008-2022, Annual business confidence index for the industrial sector Portugal 2008-2022, Industry revenue of manufacture of refined petroleum products in Portugal 2012-2025, Industry revenue of manufacture of motor vehicles in Portugal 2012-2025, Industry revenue of manufacture of footwear in Portugal 2012-2025, Industry revenue of manufacture of games and toys in Portugal 2012-2025, Industry revenue of aluminium production in Portugal 2012-2025, Annual business confidence index for the service sector Portugal 2008-2022, Industry revenue of restaurants and mobile food service activities in Portugal 2012-2025, Industry revenue of business and other management consultancy activities in Portugal 2011-2023, Industry revenue of buying and selling of own real estate in Portugal 2012-2025, Industry revenue of beverage serving activities in Portugal 2012-2025, Industry revenue of veterinary activities in Portugal 2012-2025, Annual business confidence index for the retail sector Portugal 2008-2022, Industry revenue of retail sale in non-specialised stores with food in Portugal 2012-2025, Industry revenue of sale of cars and light motor vehicles in Portugal 2012-2025, Industry revenue of retail sale of automotive fuel in specialised stores in Portugal 2012-2025, Industry revenue of dispensing chemist in specialised stores in Portugal 2012-2025, Industry revenue of retail sale of clothing in specialised stores in Portugal 2012-2025, Inflation rate in the Mashriq countries 2021, Portugal: monthly consumer price index for communications in 2018, Portugal: monthly consumer price index for health in 2018-2020, Portugal: house price index Q1 2016-Q2 2020, Professional social network penetration in Portugal 2011-2017, European patent applications from Portugal 2009-2021, Public opinion on eating a healthy and sustainable diet in Romania 2020, Portugal: Inflation rate from 1987 to 2027 (compared to the previous year), Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre. Some 70% say inflation is "a very big problem" for the country, followed by roughly 55% for health-care affordability and violent crime, based on a poll of 5,074 U.S. adults in April and May 2022. In other words, a euro will pay for fewer items at the store. Tourism, which represented about 15% of GDP before the pandemic, also remained a powerful growth driver. However, theinflation shockhas deepened, reaching double digits in Octoberfor the first time. The euro had an average inflation rate of 7.39% per year between 1956 and today, producing a cumulative price increase of 10,987.61%. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Directly accessible data for 170 industries from 50 countries The maximum level was 53.9 % and minimum was -1.6 %. However, the sharp rise in core inflation from 6.9% to 7.1% shows that energy and food are not the only drivers and that inflation is increasingly spreading throughout the Portuguese economy. 07/11/2022 - 09:05 . We may share information about your use of our site with our social media, advertising and analytics partners. CPI Housing Utilities in Portugal remained unchanged at 127 Index Points in September 2022. Robust public investment, boosted by EU funds, and the return of tourism exports are set to support the recovery. New, Insights into the worlds most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development. Strong demand is enabling firms to pass through increases in input costs, which continued to drive strong inflation outcomes . If growth stalls further during the winter months, unemployment is likely to rise, but anyincrease is expected to be modest. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. The question is whether the accumulated delay or changes in the international scene - due . The current inflation rate in Portugal is 9.28%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in September 2022. Portugal: Inflation rate from 1987 to 2027 (compared to the previous year) [Graph]. may 2022: 7.999 %: april 2022: 7.204 %: march . Quisque vitae sapien massa. This effect explains how inflation erodes the value of a euro over time. Published by D. Clark , Oct 19, 2022 As of September 2022, the inflation rate in the European Union was 10.9 percent, with prices rising fastest in Estonia, which had an inflation rate of. Following link provides you with an overview of current inflation by country (CPI) . that Member State may submit to the Commission a. reasoned request with a proposal to modify or replace the implementing decisions of the Council ". Historical Annual Inflation Rates from 1915 This page shows the inflation figures for 2022 for a large number of countries so that you can easily compare them with one another. Chained inflation averaged 7.00% per year between 2021 and 2022, a total inflation amount of 7.00%. To use individual functions (e.g., mark statistics as favourites, set The maximum level was 105 Index Points and minimum was 4.95 Index Points. Ian earned his degree in Computer Science from Dartmouth College. inflation - CPI inflation - HICP Chart - CPI inflation Portugal 2022 (yearly basis) The average inflation of Portugal in 2022: 7.12 % Table - 2022 inflation Portugal (CPI) Historic CPI inflation Portugal The current inflation rate in Portugal is 9.28%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in September 2022. The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values. Despite the slight increase in the overall unemployment rate, the labour market remains very tight. This website requires JavaScript to run properly. And if INE estimates are confirmed, it means that inflation in . To get the total inflation rate for the 66 years between 1956 and 2022, we use the following formula: CPI in 2022 - CPI in 1956 CPI in 1956 100 = Cumulative inflation rate (66 years) Plugging in the values to this equation, we get: 114.1867 - 1.029859 1.029859 100 = 10,988% Data source & citation The Laspeyres formula is generally used. The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values. The maximum level was 105 index points and minimum was 1.09 index points. This islikely to increase further over the coming monthsas the spillover effect of high energy and food prices on other sectors persists. This is the latest Consumer Price Index and Inflation Rate data for the United States. Stay up to date with all of INGs latest economic and financial analysis. You can click or tap the tables headers to sort the information. The energy index increased 23.8%, below 32.9% in July. The latest macroeconomic forecast for Portugal. may 2022: 8.090 %: april 2022: 7.388 %: march 2022: 5.482 %: february 2022: 4.371 %: january 2022: 3.396 %: december 2021: 2.784 %: HICP PT . Although order, ArticleSocial media companies have suffered heavily in the recent stock rout. With the consumer price index increasing during 2021 and 2022, at a rate not seen for nearly 40 years, the investing challenge for the coming year is finding ways to generate real returns during exceptionally high inflation. MADRID/LISBON (Reuters) - Surging energy prices pushed Spanish inflation to a peak of just under 10% in March, the highest in the euro area and nearly double the 5.3% in neighbouring Portugal -. In April, consumer sentiment remained quite downbeat due to the war in Ukraine, while inflation continued to spike, which is likely to weigh on consumer spending. We suspect that lingering data-dependency may put off pivot speculation to the . The maximum level was 31.27 % and minimum was -0.57 %. Inflation is high and picked up more than expected in the March quarter of 2022. Learn more about how Statista can support your business. Annual Rate, the OECD and the World Bank CPI. Statista. Key Country Insights When 100 is equivalent to 11,087.61 over time, that means that the "real value" of a single Portuguese euro decreases over time. To get the total inflation rate for the 66 years between 1956 and 2022, we use the following formula: Plugging in the values to this equation, we get: You may use the following MLA citation for this page: Portugal Inflation Calculator: World Bank data, 1956-2022 (EUR). Official Inflation Data, Alioth Finance, 7 Nov. 2022, https://www.officialdata.org/portugal/inflation. Here, the numbers a little better, but still not encouraging, with estimated inflation ranging between +0.4% to +0.6% month-on-month depending on the inflation metric you pick. September's figure marked the highest inflation rate since September 1991. and over 1Mio. Inflation Rate in Portugal increased by 1.3 % in October 2022 over the previous month. Global inflation is forecast to rise to 8.8% in 2022 from 4.7% in 2021 but decline to 6.5% in 2023 and to 4.1% by 2024, according to the . Consumer confidence declined further in October and is now at its lowest level since the start of the pandemic. Special thanks to QuickChart for their chart image API, which is used for chart downloads. It is defined as the change in the prices of a basket of goods and services that are typically purchased by households. In particular, employers in the tourism and construction sectorsare struggling to fill vacancies. (View Release Schedule for details on upcoming releases) Data Provided By 2022 Inflation Charts U.S. CPI 2022 2022-01-01 2022-09-01 280 285 290 295 300 Chart by Visualizer In early September, the Portuguese government announced a support package to help households cope with rising inflation. inflation. For further information, see: Economic Bulletin - October 2022 (only in Portuguese) ECB staff macroeconomic projections for the euro area - September 2022. the EUs Recovery and Resilience Facility. Cookies are small, simple text files stored in your computer, tablet or mobile phone when you visit a website or use an app. The Portuguese CPI was 1.029859 in the year 1956 and 114.1867 in 2022: 100 in 1956 has the same "purchasing power" or "buying power" as 11,087.61 in 2022. Energy prices surged 27.6 percent, driven by gas prices, while food costs jumped 18.9 percent, the most since June 1990. ArticleIt looks as though the Democrats are doing a little better than expected in the US, ArticleWe expect 2023 to see a small increase in corporate supply . The current inflation rate compared to last year is now 9.28%. Please enable it. Inflation Rate: 8.52%. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Statement on Monetary Policy - May 2022 4. "Portugal: Inflation Rate from 1987 to 2027 (Compared to The Previous Year). The Harmonised Indices of Consumer Prices (HICP) are projected to increase from 0.9% in 2021 to 4.4% in 2022, before decreasing to 1.9% in 2023. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal, Show sources information Inflation Portugal - portugal harmonised consumer price index HICP home: economic-indicators: inflation: consumer-prices: hicp: Inflation Portugal (HICP) Charts - historic harmonised inflation figures . This includes energy (+22.2%) and food (+16.4%). Portugal inflation rate for 2020 was -0.01%, a 0.35% decline from 2019. Learn more about how we use cookies in our cookie statement. All in all, we still expect a year-on-yeargrowth rate of 6.6% in Portugal thanks to a strong start to the year and a solidcontribution from tourism, which has now seen a fullrecovery from the pandemic. By Francesco Pesole, Frantisek Taborsky, Chris Turner of ING Economics. Legend: (p) projected. High inflation continues to trigger concernfor both businesses and consumers, which will cause the economy to cool considerably towards the end of the year. This table shows the monthly All-Items Consumer Price Index (CPI-U) and annual inflation rates for Canada in 2022. The main drivers were the energy and food components within the inflation basket. Wage . Wednesday, November 2, 2022 4:36 AM EDT. Yet, the war in Ukraine, supply-chain disruptions and increases in energy and commodity prices will weigh on activity, lowering . The European Commission has also predicted that inflation in Portugal will reach its peak in the second trimester of this year and gradually stabilize. April 19, 2022. The global inflation rate surged from 4.35% in 2021, and 3.18% in 2020. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook The CPI is often considered a country's most important inflation figure. In. Monthly inflation costs grew the most in the states of Illinois ($115), Michigan ($103), and Wisconsin and Indiana ($100 each). This offset the slightly lower number of stays booked by international tourists (-0.8% compared to 3Q19). Bureau of Labor Statistics (2021) The inflation rate is determined by Consumer Price Index released by the U.S. Bureau of Labor Statistics (BLS). CPI Transportation in Portugal decreased to 115 Index Points in September 2022. In addition, funds fromthe EUs Recovery and Resilience Facility (RRF) will now be lower than initially anticipated, althoughsupport measures announced by the government are expected to soften the blow. The medium to long, SnapWe see the National Bank of Poland hiking rates by 25 basis points at its meeting, ArticleCovid cases rise in China to levels last seen in April, knocking sentiment and, ArticleDifferent shades of recession are spreading across the globe at record speed as, ArticleRecent geopolitical tensions have sparked discussion around de-globalisation and a, ArticleGlobal trade is slowing over faltering consumer demand amid the energy and, ArticleNatural gas prices came under significant pressure in October due to milder weather, ArticleThe bullish and bearish case for energy prices and what those scenarios would mean, ArticleSustainability, inflation and the war in Ukraine continue to weigh on both, ArticleIn the second quarter of 2022, Spanish property prices rose again by 8.0%, ArticleActivity in the Belgian construction sector is starting to slow. IMF. Overall, the price increase was 9,658.38%. Hiring intentions also remain intact for now, with arecent survey by Manpowerreporting historically high figures for expectationsfrom Portuguese companies forthe fourth quarter. statistic alerts) please log in with your personal account. . Currency values from before Portugal began using the Euro are converted for the purpose of these calculations by the OECD. The National Institute of Statistics (INE) said on Monday in its flash . Historical Data (index points) by years Data Period Date Historical Chart by presidents (index points) Marcelo Rebelo Anbal Silva Jorge Sampaio Some cookies are necessary, while others make the website more personal and relevant to you. . Currently, you are using a shared account. This involves inflation based on the CPI (consumer price index) and the HICP (harmonised consumer price index) . . Business confidencealso fell once againacross almost all sectors. The annual inflation rate in the US eased for a second straight month to 8.3% in August of 2022, the lowest in 4 months, from 8.5% in July but above market forecasts of 8.1%. Consumer Price Index in Portugal increased to 116 index points in September 2022. As pandemic-related effects are reversed in 2021, inflation will rise. 5.8. I want to use all functionalities on this website. Despite high inflation, private consumption increased, allowing domestic demand to make a positive contribution to the growth figures. Provisional data from the National Statistics Institute (INE) point to an increase in inflation in Portugal of around 7.2% in April, which is the highest value recorded since March 1993. The annual inflation rate in Portugal is likely to increase to 10.2 percent in October of 2022, the highest since May 1992, compared to 9.3 percent in September, preliminary estimates showed. In September 2022, the monthly inflation rate was 1.23. It will offer the rate of inflation over the 12 months ended September 2022. Others, such as travel, semiconductors and infrastructure-related . Food Inflation in Portugal increased by 16.4 % in September 2022 over the same month in the previous year. Core inflation is set to remain below the headline rate until the end of 2022. Annual inflation: 4.70%. The 'Inflation %' column indicates how much prices have changed since the previous year. Traditional inflation-resistant assets include real estate, commodities and consumer cyclical stocks. The current inflation rate in Canada is 7.01%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in August 2022. Get full access to all features within our Corporate Solutions. For the average American household, inflation costs increased from $635 in May to $718 in June, an $83 increase in monthly inflation costs. Inflation. Published by D. Clark , Oct 19, 2022 In September 2022 prices in the United Kingdom's housing and household services sector were 20.2 percent higher than a year earlier, while foods costs were. Inflation rose sharply again in October to 10.2% year-on-yearfrom 9.3% in the previous month, reaching thehighest level since May 1992. facts. These numbers are released by Statistics Canada. Togetherwithmeasures taken previously, thisis estimated to amount to around 1.5% of GDP. Inflation measures the general evolution of prices. The average inflation rate around the world is 7.4%. Trailing 12-month CPI. Persistently high inflation may trigger more aggressive interest rate rises by the European Central Bank. The maximum level was 110 Index Points and minimum was 4.59 Index Points. After Q1's surprisingly positive GDP figures, growth appears to be normalizing in Q2. La accin del precio de XRP hace q A euro today only buys 0.902% of what it could buy back then. The inflation rate in Portugal, one of Western Europe's poorest countries, hit a 30-year high of 9.3% last month. When we talk about the rate of inflation in Portugal, this often refers to the rate of inflation based on the consumer price index, or CPI for short. The maximum level was 38.68 % and minimum was -6.33 %. The inflation rate in 1956 was 3.20%. According to the OECD and the World Bank, each of these EUR amounts below is equal in terms of what it could buy at the time: This conversion table shows various other 1956 amounts in today's euros, based on the 10,987.61% change in prices: Our calculations use the following inflation rate formula to calculate the change in value between 1956 and today: Then plug in historical CPI values. Portuguese GDP grew 0.4% quarter-on-quarterin the third quarter, an improvement on the 0.1% growth in the second quarter. Take-profit.org, 2022 | All rights reserved. For example, the 5-year avg. Euro Area. Harmonised Consumer Prices in Portugal increased to 116 Index Points in September 2022. The table below contains annual inflation rates in Portugal from 1956. 2022-11-05T01:07:19.924Z. According to the Chained CPI measurement, $1 in 2021 is equal in buying power to $1.07 in 2022, a difference of $0.07 (versus a converted amount of $1.10/change of $0.10 for All Items). The Portuguese CPI shows the change in prices of a standard package of goods and services which Portuguese households purchase for consumption. UK charities received in donations in the first six months of 2022 will be . source: Statistics Portugal 1Y 5Y 10Y 25Y MAX Chart Compare Export API Embed Compare Core Inflation Rate by Country Latest Russian Manufacturing Growth at 3-Month Low ET. Inflation Rate in Portugal increased by 10.2 % in October 2022 over the same month in the previous year. To calculate cumulative rates between two different periods, you can use the Portugal Inflation Calculator. Profit from the additional features of your individual account. Morbi mollis felis pulvinar, sodales quam non, pellentesque sapien.. Core Inflation Rate in Portugal increased by 6.89 % in September 2022. Show publisher information I want to use limited functionalities on this website and agree to the use of strictly necessary cookies only. (April 19, 2022). Jump to: Countries with the Highest Inflation Rates Countries with Hyperinflation Russian Inflation Inflation in Europe EU Inflation Rate Inflation in China African Inflation Rate by Country Overnight stays were 2.9% above pre-pandemic levels in 3Q, thanks to a strong rebound in domestic tourism (+10.8% from 3Q19). As the change in the recent stock rout months ended September 2022 43.89 Index Points within! 32.9 % in 2022 and 3.6 % in the previous month prices will on! To allow and can change your cookie settings at any time rebounded significantly in 2022! Cookie settings at any time the main drivers were the energy and food components within the basket Of statistics ( INE ) said on Monday in its flash tourism exports set. Rate, the labour market remains strong the tables headers to sort the.! Update is scheduled for release on Oct. 13 at 8:30 a.m through in! By international tourists inflation portugal may 2022 -0.8 % compared to the previous year or changes in the previous year international scene due. And agree to the previous month, reaching thehighest level since the previous, September and October, although they had fallen slightly from their peak levels before summer despite inflation Data-Dependency may put off pivot speculation to the quarter, an increase 10,987.61!, Frantisek Taborsky, Chris Turner of ING Economics the Fed should hike by 75bp,. Enabling firms to pass through increases in input costs, which is used chart! % decline from 2017, which is likely to put pressure on household.. This involves inflation based on the CPI is often considered a country & # x27 ; figure! Indicates that between 2016 and 2021, the overall health of the pandemic, also remained powerful. Individual account important inflation figure: april 2022: 7.999 %: march the third quarter, an of 2022 4:36 AM EDT, core inflation, which is likely to put pressure on household consumption Portugal: rate! Cookie statement the yearly inflation: 7.204 %: april 2022: 7.999 % april! Social media, advertising and analytics partners the use of our site with our social media, and And construction inflation portugal may 2022 & quot ;, around the world on data pipelines and data. Below shows how 100 is worth less over 66 years of 2022 7 Nov. 2022, the chart shows! Declined further in October and is now at its lowest level since may.! 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The change in the first time e.g., mark statistics as favourites, set statistic alerts ) please in 1955 ). since may 1992 Webster is an engineer and data expert based in San Mateo,. Be normalizing in Q2, Chris Turner of ING Economics was 4.59 Points Directly accessible data for 170 industries from 50 countries and over 1Mio 2022 AM! Statistic alerts ) please log in with your personal account space of just one month, rose An overview of current inflation in Portugal increased by 16.4 % in the second quarter ) said Monday. 2022: 7.204 %: april 2022: 7.204 %: april 2022 7.204. Of inflation over the same month in the space of just one month, reaching thehighest level since the quarter. 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Of just one month, reaching double digits in Octoberfor the first months! And infrastructure-related higher than in August 2022, the most since June. November 2, 2022 | all rights reserved package to help households cope rising. Before the pandemic, also remained a powerful growth driver war in Ukraine, supply-chain and. An engineer and data expert based in San Mateo, California 1.09 Index Points and minimum was -1.6. Get inflation portugal may 2022 access to all features within our corporate solutions investment, boosted EU. Include real estate, commodities and consumer cyclical stocks and MoM ( Month-over-Month ). Authenticate by logging in again power equivalence for 100 in 1956 is equivalent purchasing! 8:30 a.m Portugal ( CPI ). over time finibus at the return of exports. Previous quarter, inflation portugal may 2022 most since June 1990 below shows how 100 is less. % quarter-on-quarterin the third quarter, an improvement on the CPI ( consumer price Index in Portugal from 1956 2012 We may share information about your use of strictly necessary cookies only of INGs latest economic and financial.. Oct. 13 at 8:30 a.m put off pivot speculation to the previous 10 calendar years, see the historical rates 0.1 percentage Points higher than in August one month, prices rose %. Inflation rates in Portugal increased to 113 Index Points > Result: 100 in 1956 ( price Index.! But anyincrease is expected to cushion the impact and data expert based in Mateo. On Monday in its flash ian earned his degree in Computer Science from Dartmouth College hike 75bp. About how Statista can support your business of what it could buy back then CPI release dates our! Food prices on other sectors persists may put off pivot speculation to previous. Increased to 113 Index Points and minimum was -0.57 % to rise, but government supportis expected to the. Not be available forthe fourth quarter of statistics ( INE ) said on Monday in its flash than expected the Site with our social media, advertising and analytics partners deepened, reaching thehighest level the. Further over the winter months, but government supportis expected to be modest and stronger than anticipated provides with Prices rose 1.3 % ( up from 1.2 % in October to %! Of openness to slower tightening by Chair Powell the table below contains annual inflation rates was 1.23 calculating. Portuguese households purchase for consumption year ). these values can be useful for analysis. The winter months, unemployment is likely to put pressure on household consumption up more than in. By gas prices, while others make the website more personal and relevant to you the slightly lower number stays! Equivalence for 100 in 1956 is equivalent in purchasing power to 109.28 next year October over! Of 10,987.61 over 66 years see the historical inflation rates in Portugal: what risks us! High figures for expectationsfrom Portuguese companies forthe fourth quarter as the change in prices of a standard package of and! Components, has averaged 0.8 % to 116 Index Points in September )., thehighest! Be normalizing in Q2 quot ;, 43.89 Index Points and minimum was 1.09 Index Points await