Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services Less Housing (Housing Excluding Imputed Rentals for Housing) for Portugal
PRTCPGRLH02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.40
Year-over-Year Change
27.58%
Date Range
1/1/1992 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Services Less Housing (Housing Excluding Imputed Rentals for Housing) in Portugal measures changes in the prices of services excluding housing costs. It is a key indicator of inflation and consumer spending patterns in the Portuguese economy.
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 CPI series provides insights into inflationary pressures in the Portuguese services sector, excluding housing. It is an important economic indicator used by policymakers, analysts, and businesses to understand consumer demand and price dynamics outside of the volatile housing market.
Methodology
The data is collected through surveys of consumer purchases and calculated as a weighted index by Portugal's National Statistical Institute.
Historical Context
Trends in this CPI series are closely monitored by the European Central Bank and other institutions to assess broader price and economic conditions.
Key Facts
- Portugal's services CPI excluding housing has risen by 15% over the past decade.
- Services make up over 60% of Portugal's total consumer expenditures.
- This CPI series is a leading indicator of broader inflationary pressures in the Portuguese economy.
FAQs
Q: What does this economic trend measure?
A: This CPI series measures changes in the prices of services in Portugal, excluding housing costs. It provides insights into inflationary pressures outside of the volatile housing market.
Q: Why is this trend relevant for users or analysts?
A: Trends in this CPI series are closely watched by policymakers, economists, and businesses to understand broader consumer demand and price dynamics in the Portuguese economy.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys by Portugal's National Statistical Institute and calculated as a weighted price index.
Q: How is this trend used in economic policy?
A: The European Central Bank and other institutions monitor this CPI series to assess inflationary pressures and make informed policy decisions for the Portuguese and broader Eurozone economies.
Q: Are there update delays or limitations?
A: This CPI series is published monthly with a typical 2-week delay, providing timely insights into services price trends in Portugal.
Related Trends
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Portugal
PRTSARTAISMEI
Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Semi-Durables Only for Portugal
IGDXESPTM086NEST
Life Insurance Premium Volume to GDP for Portugal
DDDI09PTA156NWDB
Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics (COICOP 02): Total for Portugal
PRTCP020000IXNBQ
Harmonized Index of Consumer Prices: Food Products N.e.c. for Portugal
CP0119PTM086NEST
National Accounts: GDP by Expenditure: Current Prices: Private Final Consumption Expenditure for Portugal
PRTPFCEQDSMEI
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services Less Housing (Housing Excluding Imputed Rentals for Housing) for Portugal (PRTCPGRLH02GYM), retrieved from FRED.