Producer prices in Portugal fell by 2.7% year-on-year in April 2025, marking the sharpest decline since December 2023 and following a downwardly revised 1.3% drop in March.
The decline was driven by lower prices for non-durable consumer goods (-4.1% vs -3%), intermediate goods (-2% vs -1.2%), and energy (-5.6% vs -1.2%).
In contrast, prices continued to rise for durable consumer goods (3.1% vs 3.5%) and investment goods (0.7% vs 1%).
On a monthly basis, producer prices dropped 1.4%, the steepest decline since April 2020, after a revised 1.2% decrease in March.
Notably, energy prices plunged 6.6% from the previous month.