Portugal Inflation Rate YoY
Inflation in Portugal is defined as a wide increase or decrease in the prices that consumers pay for a typical basket of commodities over time. Housing, water, electricity, natural gas, and other fuels are among the most important categories in Portugal's consumer price index, accounting for 10.3% of the total weight. The topmost valuable categories are Food and non-alcoholic beverages (20.8%), Transportation (14%), Miscellaneous Goods and Services (10.4%). Restaurants and Hotels contribute 8.6%, Recreation and Culture account for 7.2%, and Clothing and Footwear account for 6.9%. The index also consists of categories such as Health (6.3%) and Furnishings, domestic equipment, and everyday housekeeping (6.2%). The remaining 9.4% is made up of Alcoholic Beverages and Tobacco, Communication, and Education.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Forex Sentiment (EUR)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.0728 -50 pips |
1.0829 -51 pips |
1.07778 | |
| EURAUD |
|
|
1.6244 -56 pips |
1.6397 -97 pips |
1.62996 | |
| EURJPY |
|
|
164.3365 -329 pips |
165.9034 +173 pips |
167.631 | |
| EURCAD |
|
|
1.4674 -73 pips |
1.4760 -13 pips |
1.47470 | |
| EURCHF |
|
|
0.9615 -153 pips |
0.9841 -73 pips |
0.97683 | |
| EURCZK |
|
|
25.3748 +4580 pips |
0 +249168 pips |
24.91681 | |
| EURGBP |
|
|
0.8580 -28 pips |
0.8637 -29 pips |
0.86081 | |
| EURHUF |
|
|
383.9545 -409 pips |
390.0976 -206 pips |
388.04 | |
| EURNOK |
|
|
11.2081 -4962 pips |
0 +117043 pips |
11.7043 | |
| EURNZD |
|
|
1.7781 -106 pips |
1.7975 -88 pips |
1.78867 |
News (EUR)
German Industrial Production Declines In March
Germany's industrial production declined for the first time in three months in March driven by the decreases in consumer and intermediate goods output, official data revealed Wednesday. Industrial production declined 0.4 percent on a monthly basis, in contrast to the 1.7 percent increase in February, Destatis reported.
RTTNews | 1 day ago
German Exports Rebound; Industrial Orders Data Disappoint
Germany's exports rebounded at a faster-than-expected pace in March, while industrial orders declined unexpectedly on weak domestic demand, pouring cold water on hopes of better economic recovery. Exports gained 0.9 percent on a monthly basis, reversing a 1.6 percent fall in February, which was revised from a 0.2 percent gain reported initially, Destatis said Tuesday. Shipments were forecast to
RTTNews | 2 days ago
Eurozone Private Sector Growth Accelerates In April
The euro area private sector growth accelerated to an 11-month high in April driven by the service sector, final survey results from S&P Global showed on Monday. The HCOB composite output index rose to 51.7 in April from 50.3 in the previous month. The flash estimate was 51.4.
RTTNews | 3 days ago
