Portugal Producer Price Growth Accelerates âšī¸
Producer prices in Portugal rose by 1.1% year-on-year in November 2024, driven by a strong rebound in energy costs, as well as increases in capital and intermediate goods prices, while consumer goods prices were flat.
The article indicates a moderate increase in producer prices in Portugal, primarily driven by higher energy costs and some increases in capital and intermediate goods prices. This could have a neutral impact on the investment portfolio, as the portfolio has exposure to various sectors and regions, including European markets, energy, and commodities. The overall impact is likely to be moderate, as the changes in producer prices may not significantly affect the performance of the entire portfolio.