Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Portugal
Index Eurostat base
PRTCPHP0400IXEBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.20
Year-over-Year Change
-6.03%
Date Range
1/1/1996 - 11/1/2023
Summary
The Index Eurostat base measures the price level of a basket of consumer goods and services in Portugal, providing insight into the country's inflation and cost of living trends.
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 Index Eurostat base is a key economic indicator for Portugal, representing the change in prices paid by consumers for a representative basket of goods and services. It is a vital tool for policymakers and analysts to monitor and manage inflation in the Portuguese economy.
Methodology
This index is calculated by Eurostat, the statistical office of the European Union, based on a survey of prices from a sample of retailers and service providers across Portugal.
Historical Context
The Index Eurostat base is closely watched by the European Central Bank and other institutions to inform monetary policy decisions affecting Portugal and the Eurozone.
Key Facts
- The base year for the Index Eurostat base is 2015 = 100.
- Portugal's Index Eurostat base reached a record high of 109.91 in July 2022.
- The Index Eurostat base is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Index Eurostat base measures changes in the prices of a basket of consumer goods and services in Portugal, providing a gauge of the country's inflation rate.
Q: Why is this trend relevant for users or analysts?
A: The Index Eurostat base is a crucial indicator for monitoring and managing inflation in the Portuguese economy, informing policymakers and financial markets.
Q: How is this data collected or calculated?
A: Eurostat calculates the Index Eurostat base based on a survey of prices from a sample of retailers and service providers across Portugal.
Q: How is this trend used in economic policy?
A: The Index Eurostat base is closely watched by the European Central Bank and other institutions to inform monetary policy decisions affecting Portugal and the Eurozone.
Q: Are there update delays or limitations?
A: The Index Eurostat base is published monthly by Eurostat, with no significant update delays.
Related Trends
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PRTCP030000GYM
Harmonized Index of Consumer Prices: Out-Patient Services for Portugal
CP0620PTM086NEST
Gross Domestic Product for Portugal
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Portugal
PRTCPICORQINMEI
Sales: Retail Trade: Total Retail Trade: Value for Portugal
SLRTTO02PTQ661S
Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Portugal
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Citation
U.S. Federal Reserve, Index Eurostat base (PRTCPHP0400IXEBM), retrieved from FRED.