Inflation Portugal 2001

Average inflation: 4.4%

Current Inflation

Inflation is high at 4.4%, well above the ECB target.

Peak and Trough

The highest inflation was in March at 5.1%. The lowest inflation was in December at 3.8%.

Highest month
March: 5.1%
Lowest month
December: 3.8%
Difference
1.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of 6.5%. The lowest price increase was in Communication with an average of -2.3%.

Highest increase
Food and non-alcoholic beverages: 6.5%
Lowest increase
Communication: -2.3%

Historical Context

Current inflation is 0.8% higher than the 5-year average of 3.6%. This approaches the highest level since records began (4.4% in 2001).

5-year average
3.6%
10-year average
3.6%
All-time high (2001)
4.4%
All-time low (2000)
2.8%

Trend

Inflation shows an upward trend. Compared to 2000, inflation has risen by +1.6 percentage point.

Change vs. previous year
+1.6 percentage points
Largest monthly swing
March: +3.6 percentage points

ECB Target

Inflation is 2.4% 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 €104.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2001

Inflation by category

Food and non-alcoholic beverages
6.5%
+2.1vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
3.2%
-1.2vs avg.
More details →
Clothing and footwear
1.5%
-2.9vs avg.
More details →
Housing, water, electricity, gas and other fuels
3.9%
-0.5vs avg.
More details →
Furnishings, household equipment and maintenance
3.3%
-1.1vs avg.
More details →
Health
3.7%
-0.7vs avg.
More details →
Transport
4.9%
+0.5vs avg.
More details →
Communication
-2.3%
-6.7vs avg.
More details →
Recreation and culture
2.2%
-2.2vs avg.
More details →
Education
5.2%
+0.8vs avg.
More details →
Restaurants and hotels
4.2%
-0.2vs avg.
More details →
Miscellaneous goods and services
5.4%
+1.0vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2000
January 4.4% +2.3
February 4.8% +3.0
March 5.1% +3.6
April 4.5% +2.4
May 4.8% +2.3
June 4.5% +1.6
July 4.3% +1.0
August 4.1% +0.6
September 4.1% +0.7
October 4.1% +0.6
November 4.0% +0.3
December 3.8% -0.1
Average 4.4%

Data source

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

See also