Inflation Portugal 2006

Average inflation: 3.1%

Current Inflation

Inflation is high at 3.1%, well above the ECB target.

Peak and Trough

The highest inflation was in March at 3.9%. The lowest inflation was in November at 2.4%.

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

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 9.7%. The lowest price increase was in Communication with an average of -0.9%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 9.7%
Lowest increase
Communication: -0.9%

Historical Context

Current inflation is around the 5-year average of 2.9%.

5-year average
2.9%
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 2005, the difference is minimal (+0.8 percentage point).

Change vs. previous year
+0.8 percentage points
Largest monthly swing
June: +2.1 percentage points

ECB Target

Inflation is 1.1% 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 €103.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2006

Inflation by category

Food and non-alcoholic beverages
2.7%
-0.4vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
9.7%
+6.6vs avg.
More details →
Clothing and footwear
0.6%
-2.5vs avg.
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Housing, water, electricity, gas and other fuels
3.9%
+0.8vs avg.
More details →
Furnishings, household equipment and maintenance
1.0%
-2.1vs avg.
More details →
Health
1.5%
-1.6vs avg.
More details →
Transport
5.6%
+2.5vs avg.
More details →
Communication
-0.9%
-4.0vs avg.
More details →
Recreation and culture
1.2%
-1.9vs avg.
More details →
Education
5.3%
+2.2vs avg.
More details →
Restaurants and hotels
2.3%
-0.8vs avg.
More details →
Miscellaneous goods and services
3.3%
+0.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2005
January 2.7% +0.7
February 3.0% +0.9
March 3.9% +1.7
April 3.7% +1.6
May 3.7% +1.9
June 3.7% +2.1
July 3.1% +1.0
August 2.8% +0.2
September 3.1% +0.2
October 2.7% 0.0
November 2.4% -0.2
December 2.5% -0.1
Average 3.1%

Data source

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

See also