Consumer Price Index: All Items: Total for Portugal
CPALTT01PTM657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.96
Year-over-Year Change
12.70%
Date Range
2/1/1955 - 3/1/2024
Summary
The Consumer Price Index (CPI) for All Items: Total for Portugal measures the changes in the overall price level of consumer goods and services in Portugal. It is a key economic indicator used to track inflation and inform policymaking.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The CPI for All Items: Total for Portugal is a comprehensive measure of the average change in prices paid by consumers for a basket of consumer goods and services. It is widely used by economists, policymakers, and the public to assess the purchasing power of the Portuguese currency and the overall cost of living.
Methodology
The data is collected by the National Statistics Institute of Portugal through surveys of consumer expenditures and retail prices.
Historical Context
The CPI is a crucial input for the monetary policy decisions of the European Central Bank, which aims to maintain price stability across the Eurozone.
Key Facts
- The CPI for Portugal has a base year of 2015.
- Portugal's CPI reached a record high of 10.1% in July 2022.
- The CPI is published monthly by the National Statistics Institute of Portugal.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for All Items: Total for Portugal measures the changes in the overall price level of consumer goods and services purchased by households in Portugal.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Portugal is a crucial indicator of inflation and the cost of living, which informs monetary policy decisions, consumer spending, and investment choices.
Q: How is this data collected or calculated?
A: The data is collected by the National Statistics Institute of Portugal through surveys of consumer expenditures and retail prices.
Q: How is this trend used in economic policy?
A: The CPI for Portugal is a key input for the monetary policy decisions of the European Central Bank, which aims to maintain price stability across the Eurozone.
Q: Are there update delays or limitations?
A: The CPI for Portugal is published monthly by the National Statistics Institute of Portugal, with a typical release lag of around two weeks.
Related Trends
Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Portugal
PRTODCNPI03GPSAM
Harmonized Index of Consumer Prices: Audio-Visual, Photographic and Information Processing Equipment for Portugal
CP0910PTM086NEST
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Portugal
LREM24FEPTQ156S
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Portugal
PRTPROCONQISMEI
Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Compensation per Unit of Labor Input: Total for Portugal
ULQECU01PTQ659S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Portugal
CPGRLE01PTA659N
Citation
U.S. Federal Reserve, Consumer Price Index: All Items: Total for Portugal (CPALTT01PTM657N), retrieved from FRED.