Inflation Portugal 2000

Average inflation: 2.8%

Current Inflation

Inflation is normal at 2.8%, around the ECB target.

Peak and Trough

The highest inflation was in December at 3.9%. The lowest inflation was in March at 1.5%.

Highest month
December: 3.9%
Lowest month
March: 1.5%
Difference
2.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 5.1%. The lowest price increase was in Communication with an average of -4.9%.

Highest increase
Education: 5.1%
Lowest increase
Communication: -4.9%

Historical Context

Current inflation is around the 5-year average of 2.8%. This approaches the highest level since records began (2.8% in 2000).

5-year average
2.8%
10-year average
2.8%
All-time high (2000)
2.8%
All-time low (2000)
2.8%

Trend

ECB Target

Inflation is 0.8% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €102.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2000

Inflation by category

Food and non-alcoholic beverages
2.1%
-0.7vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
0.9%
-1.9vs avg.
More details →
Clothing and footwear
0.8%
-2.0vs avg.
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Housing, water, electricity, gas and other fuels
3.7%
+0.9vs avg.
More details →
Furnishings, household equipment and maintenance
1.9%
-0.9vs avg.
More details →
Health
3.1%
+0.3vs avg.
More details →
Transport
4.9%
+2.1vs avg.
More details →
Communication
-4.9%
-7.7vs avg.
More details →
Recreation and culture
0.9%
-1.9vs avg.
More details →
Education
5.1%
+2.3vs avg.
More details →
Restaurants and hotels
3.7%
+0.9vs avg.
More details →
Miscellaneous goods and services
4.2%
+1.4vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation
January 2.1%
February 1.8%
March 1.5%
April 2.1%
May 2.5%
June 2.9%
July 3.3%
August 3.5%
September 3.4%
October 3.5%
November 3.7%
December 3.9%
Average 2.8%

Data source

Data from OECD. Last updated: 10/01/2026.

See also