Summary
- In June 2017, telecommunications prices1 reduced 0.7% compared to the previous month (-1.1% in June 2016). This reduction resulted from changes in a triple play tariff by one provider.
On a year-on-year basis, the increase in prices (3.35%) was the 7th highest among the sectors of the Portuguese economy.
On average annual terms, prices increased by 2.48%, 1.41 percentage points over inflation (1.07%). The increase in prices reported was the 10th highest among the 43 products/services considered.
Since January 2014, telecommunications prices1 have been increasing at average annual rates above the rate of change reported in the CPI.
- In June 2017, in average annual terms, Portugal reported the fifth highest increase in prices in the E.U. On average, telecommunications prices1 in the E.U. fell by 0.40%.
Since March 2011, telecommunications prices1 have risen more in Portugal than in the E.U.
1. Changes in telecommunications prices1 in June 2017
According to INE2, in June 2017, prices fell 0.7% compared to the previous month (-1.1% in June 2016)1. This reduction results from changes in a triple play tariff by one provider.
Compared with the corresponding month of the previous year, and the average in the last 12 months, telecommunications prices1 increased by 3.35% and by 2.48%, respectively.
|
|
June 2017 |
2016 |
||
|
Var. Year-on-year change |
Var. average 12 months |
Var. previous month |
Var. average 12 months |
|
|
CPI |
0.91% |
1.07% |
-0.40% |
0.61% |
|
Telecommunications1 |
3.35% |
2.48% |
-0.70% |
2.61% |
|
Ranking in descending order (43 groups) |
7 |
10 |
33 |
7 |
Source: INE
Unit: %
On a year-on-year basis, the increase in prices (3.35%) was the 7th highest among the sectors of the Portuguese economy. The difference between the CPI was 2.44 percentage points (p.p.).
On average annual terms, the increase in prices reported (2.48%) was the 10th highest among 43 products/services considered.
Since January 2014, telecommunications prices1 have been increasing at average annual rates above the rate of change reported in the CPI. In June 2017, the difference between the two rates was reported at 1.41 percentage points.
Graph 1 -Average 12-month change in CPI and telecommunications prices1
Source: INE
Unit: %
2. Changes in telecommunication prices1 in the E.U.3 in June 2017
According to EUROSTAT4, in June 2017, the increase in prices in average annual terms reported in Portugal was 2.88 percentage points above the EU average3, with Portugal the E.U. country with the fifth highest increase in prices. The countries with larger increases than in Portugal were Belgium, Finland, Latvia and Spain.
On a year-on-year basis, the variation in telecommunications prices1 in Portugal was the second highest among the E.U. countries.3,5
|
|
June 2017 |
2016 |
||
|
Var. Year-on-year change |
Var. average 12 months |
Var. previous month |
Var. average 12 months |
|
|
E.U.3 |
-0.93% |
-0.40% |
-0.30% |
-0.11% |
|
Portugal |
3.35% |
2.48% |
-0.70% |
2.61% |
|
Deviation PT / E.U.3 |
4.28 p.p. |
2.88 p.p. |
-0.40 p.p. |
2.72 p.p. |
|
Ranking in descending order (24 countries) |
2 |
5 |
23 |
5 |
Source: EUROSTAT
Unit: %, pp
Note: Information not available for the United Kingdom. Malta, the Netherlands and Ireland were not included in the ranking due to a lack of available information before December 2015.
Since April 2011, telecommunications prices1 have risen more in Portugal than in the E.U.3 (in average annual terms).
Graph 2 - Average rate of change over previous twelve months - telecommunications prices: Portugal vs E.U.3
Source: EUROSTAT
Unit: %
Note: From the publication, by EUROSTAT, on 25 February 2016, of data for January 2016, the reference year of the HICP series was changed from 2005 to 2015. There may be differences in the series due to rounding effects. For further information go to New HICP reference year 2015 = 100 http://ec.europa.eu/eurostat/documents/272892/272971/HICP+reference+year+2015%3D100/.
1 ''Telephone, and telefax services'' sub-index of the Consumer Price Index (CPI) and of the Harmonized Indices of Consumer Prices (HICP), which comprises voice, Internet and subscription TV (STV) services acquired on a stand-alone basis or as part of a bundle of services. Analysis of the prices presented in this report should be complemented by an examination of the characteristics of the offers; this information is available in the reports: "Electronic communications bundles", ''Fixed telephone service and nomadic VoIP'', ''Mobile services'', ''Internet access service'' and ''Subscription television service'', all available on ANACOM's website.
2 See "Consumer Price Index - June 2017" (INE, 2017), available at CPI annual rate of change decreased to 0.9% in June - June 2017
3 Information not available for the United Kingdom. Information available for Malta and the Netherlands from December 2015. Information available for Ireland from December 2016.
4 See HICP- monthly data (EUROSTAT, 2017), available at HICP (2015 = 100) - monthly data (index)
5 The country reporting highest year-on-year increases was Latvia.
