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The inflation rate in Portugal was recorded at 1.50 percent in May of 2017. Inflation Rate in Portugal averaged 8.77 percent from 1961 until 2017, reaching an all time high of 53.90 percent in May of 1977 and a record low of -1.60 percent in June of 2009. In Portugal, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The most important categories in the Portuguese consumer price index are Food and non-alcoholic beverages (20.8 percent of the total weight), Transport (14 percent), Miscellaneous Goods and Services (10.4 percent) and Housing, water, electricity, gas and other fuels (10.3 percent). Restaurants and Hotels account for 8.6 percent, Recreation and Culture for 7.2 percent and Clothing and Footwear for 6.9 percent. The index also includes: Health (6.3 percent) and Furnishings, household equipment and routine maintenance of the house (6.2 percent). Alcoholic beverages and tobacco, Communication and Education account for the remaining 9.4 percent. This page provides – Portugal Inflation Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.
June 12, 2017 at 03:21PM
from Statistics Portugal
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