Inflation Portugal 2002
Average inflation: 3.6%
Current Inflation
Inflation is high at 3.6%, well above the ECB target.
Peak and Trough
The highest inflation was in October at 4.0%. The lowest inflation was in February at 3.3%.
- Highest month
- October: 4.0%
- Lowest month
- February: 3.3%
- Difference
- 0.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 6.1%. The lowest price increase was in Communication with an average of 0.7%.
- Highest increase
- Education: 6.1%
- Lowest increase
- Communication: 0.7%
Historical Context
Current inflation is around the 5-year average of 3.6%.
- 5-year average
- 3.6%
- 10-year average
- 3.6%
- All-time high (2001)
- 4.4%
- All-time low (2000)
- 2.8%
Trend
Inflation has remained relatively stable. Compared to 2001, the difference is minimal (-0.8 percentage point).
- Change vs. previous year
- -0.8 percentage points
- Largest monthly swing
- March: -1.8 percentage points
ECB Target
Inflation is 1.6% 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 €103.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2002
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2001 |
|---|---|---|
| January | 3.6% | -0.8 |
| February | 3.3% | -1.5 |
| March | 3.3% | -1.8 |
| April | 3.5% | -1.0 |
| May | 3.3% | -1.5 |
| June | 3.4% | -1.1 |
| July | 3.5% | -0.8 |
| August | 3.7% | -0.4 |
| September | 3.7% | -0.4 |
| October | 4.0% | -0.1 |
| November | 4.0% | 0.0 |
| December | 4.0% | +0.2 |
| Average | 3.6% |
Data source
Data from OECD. Last updated: 10/01/2026.