Inflation Portugal 2005
Average inflation: 2.3%
Current Inflation
Inflation is normal at 2.3%, around the ECB target.
Peak and Trough
The highest inflation was in September at 2.9%. The lowest inflation was in June at 1.6%.
- Highest month
- September: 2.9%
- Lowest month
- June: 1.6%
- Difference
- 1.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 7.0%. The lowest price increase was in Clothing and footwear with an average of -1.1%.
- Highest increase
- Education: 7.0%
- Lowest increase
- Clothing and footwear: -1.1%
Historical Context
Current inflation is 0.9% lower than the 5-year average of 3.2%. This approaches the lowest level since records began (2.3% in 2005).
- 5-year average
- 3.2%
- 10-year average
- 3.1%
- All-time high (2001)
- 4.4%
- All-time low (2005)
- 2.3%
Trend
Inflation has remained relatively stable. Compared to 2004, the difference is minimal (-0.1 percentage point).
- Change vs. previous year
- -0.1 percentage points
- Largest monthly swing
- June: -1.1 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €102.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2005
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2004 |
|---|---|---|
| January | 2.0% | -0.2 |
| February | 2.1% | 0.0 |
| March | 2.2% | -0.1 |
| April | 2.1% | -0.2 |
| May | 1.8% | -0.6 |
| June | 1.6% | -1.1 |
| July | 2.1% | -0.7 |
| August | 2.6% | +0.2 |
| September | 2.9% | +0.8 |
| October | 2.7% | +0.5 |
| November | 2.6% | +0.1 |
| December | 2.6% | +0.1 |
| Average | 2.3% |
Data source
Data from OECD. Last updated: 10/01/2026.