Inflation Portugal 2009
Average inflation: -0.8%
Current Inflation
There is deflation with consumer prices declining by 0.8%.
Peak and Trough
The highest inflation was in January at 0.3%. The lowest inflation was in September at -1.7%.
- Highest month
- January: 0.3%
- Lowest month
- September: -1.7%
- Difference
- 2.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 3.4%. The lowest price increase was in Transport with an average of -3.6%.
- Highest increase
- Education: 3.4%
- Lowest increase
- Transport: -3.6%
Historical Context
Current inflation is 2.7% lower than the 5-year average of 1.9%.
- 5-year average
- 1.9%
- 10-year average
- 2.6%
- All-time high (2001)
- 4.4%
- All-time low (2009)
- -0.8%
Trend
Inflation shows a downward trend. Compared to 2008, inflation has fallen by +3.4 percentage point.
- Change vs. previous year
- -3.4 percentage points
- Largest monthly swing
- June: -4.9 percentage points
ECB Target
Inflation is 2.8% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2009
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2008 |
|---|---|---|
| January | 0.3% | -2.5 |
| February | 0.2% | -2.7 |
| March | -0.5% | -3.6 |
| April | -0.5% | -3.0 |
| May | -1.2% | -4.0 |
| June | -1.6% | -4.9 |
| July | -1.5% | -4.5 |
| August | -1.3% | -4.3 |
| September | -1.7% | -4.8 |
| October | -1.5% | -3.9 |
| November | -0.6% | -2.0 |
| December | 0.0% | -0.8 |
| Average | -0.8% |
Data source
Data from OECD. Last updated: 10/01/2026.