Inflation Rate in Portugal increased to 2.30 percent in May from 2.10 percent in April of 2025. This dataset provides - Portugal Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the average inflation rate in Portugal stood at approximately 2.67 percent. Between 1980 and 2024, the figure dropped by around 3.19 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 0.81 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

The Consumer Price Index in Portugal increased 0.30 percent in May of 2025 over the previous month. This dataset provides - Portugal Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Portugal inflation rate for 2024 was 2.42%, a 1.9% decline from 2023.

<ul style='margin-top:20px;'>

<li>Portugal inflation rate for 2023 was <strong>4.31%</strong>, a <strong>3.52% decline</strong> from 2022.</li>
<li>Portugal inflation rate for 2022 was <strong>7.83%</strong>, a <strong>6.57% increase</strong> from 2021.</li>
<li>Portugal inflation rate for 2021 was <strong>1.27%</strong>, a <strong>1.28% increase</strong> from 2020.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Harmonised Inflation Rate YoY in Portugal decreased to 1.70 percent in May from 2.10 percent in April of 2025. This dataset includes a chart with historical data for Portugal Harmonised Inflation Rate YoY.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Portugal was 1.7 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 2.11 percent. Compared to a year ago, we see a decrease from the inflation...

Core consumer prices in Portugal increased 2.20 percent in May of 2025 over the same month in the previous year. This dataset provides - Portugal Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate for all items in Portugal was measured at 4.3 percent in July 2023. The inflation rate in the European Union (EU) as a whole peaked in October 2022, after which it followed a steady downward trend.

As of April 2025, the food inflation rate was at 1.6 percent in Portugal. The highest inflation rate was recorded in February 2023 at nearly 22 percent over the observed period.

Liquid fuel price inflation in Portugal peaked in June 2022, with the HICP standing at 62.5 percent. By comparison, gas inflation rate peaked in October 2022 at 74 percent. Overall, the inflation rates of energy commodity prices in Portugal began to increase significantly in 2021. These increases in inflation were driven further by Russia's invasion of Ukraine, which has caused uncertainty over Europe's security of gas supply, as well as intense energy price volatility. After dropping in 2023, the HICP of energy commodities has increased in 2024.

Graph and download economic data for Inflation, consumer prices for Portugal (FPCPITOTLZGPRT) from 1960 to 2024 about Portugal, consumer, CPI, inflation, price index, indexes, and price.

Cost of food in Portugal increased 2.60 percent in May of 2025 over the same month in the previous year. This dataset provides - Portugal Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Portugal: Inflation forecast: The latest value from 2030 is 1.86 percent, a decline from 2.02 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Portugal from 1980 to 2030 is 5.72 percent. The minimum value, -0.29 percent, was reached in 2020 while the maximum of 33.51 percent was recorded in 1983.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Portugal (CPGRLE01PTM657N) from Feb 1970 to Dec 2023 about Portugal, core, all items, CPI, inflation, price index, indexes, and price.

Portugal PT: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 1.369 % in 2017. This records a decrease from the previous number of 1.518 % for 2016. Portugal PT: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 3.887 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 26.400 % in 1977 and a record low of -0.398 % in 2012. Portugal PT: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

Harmonised Inflation Rate MoM in Portugal decreased to 0.70 percent in May from 1.30 percent in April of 2025. This dataset includes a chart with historical data for Portugal Harmonised Inflation Rate MoM.

Inflation, monthly percent change in the CPI in Portugal, May, 2025 The most recent value is 0.64 percent as of May 2025, a decline compared to the previous value of 1.3 percent. Historically, the average for Portugal from February 1996 to May 2025 is 0.19 percent. The minimum of -2.01 percent was recorded in July 2020, while the maximum of 2.58 percent was reached in March 2022. | TheGlobalEconomy.com

Inflation, consumer prices (annual %) in Portugal was reported at 2.4161 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Portugal - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Portugal (CPGRLE01PTQ659N) from Q1 1971 to Q1 2025 about Portugal, core, all items, CPI, inflation, price index, indexes, and price.

In Portugal, the consumer price index (CPI) of industrial production fluctuated during the period considered according to the activity. The CPI referring to the manufacture of electrical equipment and of unspecified machinery and equipment had similar values and generally increased over time. The CPI of repair and installation of machinery had inferior values, but also a rising tendency. Contrarily, the CPI of electricity, gas, steam, water, and air conditioning presented the most significant variation, peaking at 121.32 in March 2022 and recording 105.27 in October 2024.