Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Residuals for Portugal

PRTCPSDCTGYCTGYM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

-45.49%

Date Range

1/1/2010 - 4/1/2025

Summary

The Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Residuals for Portugal measures price changes for a basket of consumer goods and services in Portugal.

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 economic indicator tracks the inflation rate in Portugal by measuring the difference between the actual consumer price index and the expected or predicted index. It provides insights into price pressures and can inform monetary policy decisions.

Methodology

The data is collected through household surveys and business reporting by Portugal's National Statistics Institute.

Historical Context

This inflation metric is closely watched by the European Central Bank and other policymakers.

Key Facts

  • Portugal's CPI residuals have remained positive since 2018.
  • The residuals indicate inflation has exceeded expectations in recent years.
  • Portugal's central bank closely monitors these CPI residuals.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the difference between Portugal's actual consumer price index and the expected or predicted index, providing insights into inflation pressures.

Q: Why is this trend relevant for users or analysts?

A: The CPI residuals help economists and policymakers understand the dynamics of inflation in Portugal, which is crucial for informing monetary policy decisions.

Q: How is this data collected or calculated?

A: The data is collected through household surveys and business reporting by Portugal's National Statistics Institute.

Q: How is this trend used in economic policy?

A: The CPI residuals are closely watched by the European Central Bank and other policymakers to assess inflationary pressures and guide monetary policy in Portugal.

Q: Are there update delays or limitations?

A: The data is published regularly by Portugal's statistical agency, with minimal update delays. However, the residuals may be subject to revisions as the CPI is refined.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Residuals for Portugal (PRTCPSDCTGYCTGYM), retrieved from FRED.