Portugal core inflation rate

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Portugal core inflation rate: 2.7 (33%)
Last Update: May 31, 2024

Portugal core inflation rate closed down 2.7 as of May 31, 2024 from 2.03 from the previous month and 5.44 from last year.


Portugal core inflation rate Analytics & Data




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Portugal core inflation rate

DateValues
2024-05-31 2.7
2024-04-30 2.03
2024-03-31 2.49
2024-02-29 2.11
2024-01-31 2.42
2023-12-31 2.64
2023-11-30 2.86
2023-10-31 3.52
2023-09-30 4.06
2023-08-31 4.48
2023-07-31 4.67
2023-06-30 5.25
2023-05-31 5.44
2023-04-30 6.55
2023-03-31 7.02
2023-02-28 7.21
2023-01-31 7.03
2022-12-31 7.31
2022-11-30 7.23
2022-10-31 7.12
2022-09-30 6.89
2022-08-31 6.49
2022-07-31 6.24
2022-06-30 5.98

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Portugal core inflation rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
core inflation ratept.coreinflationrate2.72.0333-50DownDown522024-05-31

Portugal core inflation rate Factors

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Portugal core inflation rate Historical Data

The MacroVar database offers free access to historical data for the Portugal core inflation rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Portugal core inflation rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Portugal core inflation rate

Core inflation is a measure of inflation that excludes certain volatile items, such as food and energy prices, in order to provide a more accurate reflection of underlying inflation trends. In Portugal, the core inflation rate is used by economists and policymakers to gauge the long-term inflationary pressures in the economy. By focusing on core inflation, analysts can better identify underlying trends and make more informed decisions regarding monetary policy. This allows for a more stable and reliable assessment of the country's inflationary environment, which is crucial for maintaining price stability and promoting sustainable economic growth.

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