Harmonized Index of Consumer Prices: Services (Overall Index Excluding Goods) for Portugal
SERV00PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.04
Year-over-Year Change
3.98%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Services (Overall Index Excluding Goods) for Portugal measures the inflation rate for services in the Portuguese economy, excluding the prices of goods.
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
This index tracks changes in the prices of various services consumed by households in Portugal, providing insights into inflationary pressures in the service sector. It is a key indicator used by policymakers and economists to assess the overall health of the Portuguese economy.
Methodology
The data is collected through surveys of consumer prices and calculated according to Eurostat's harmonized methodology.
Historical Context
This trend is closely monitored by the European Central Bank and other institutions to inform monetary policy decisions.
Key Facts
- Portugal's service sector accounts for over 70% of its GDP.
- The service inflation rate has historically been lower than goods inflation in Portugal.
- This index is a key input for the European Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inflation rate for services in the Portuguese economy, excluding the prices of goods.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into inflationary pressures in the Portuguese service sector, which is a key driver of the country's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices and calculated according to Eurostat's harmonized methodology.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the European Central Bank and other institutions to inform monetary policy decisions that aim to maintain price stability in the Eurozone.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short lag, providing timely information to policymakers and analysts.
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Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 64 Years for Portugal
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Services (Overall Index Excluding Goods) for Portugal (SERV00PTM086NEST), retrieved from FRED.