Inflation Portugal 2011
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 4.2%. The lowest inflation was in August at 2.9%.
- Highest month
- October: 4.2%
- Lowest month
- August: 2.9%
- Difference
- 1.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Transport with an average of 8.9%. The lowest price increase was in Clothing and footwear with an average of -4.1%.
- Highest increase
- Transport: 8.9%
- Lowest increase
- Clothing and footwear: -4.1%
Historical Context
Current inflation is 1.7% higher than the 5-year average of 1.9%.
- 5-year average
- 1.9%
- 10-year average
- 2.4%
- All-time high (2001)
- 4.4%
- All-time low (2009)
- -0.8%
Trend
Inflation shows an upward trend. Compared to 2010, inflation has risen by +2.2 percentage point.
- Change vs. previous year
- +2.2 percentage points
- Largest monthly swing
- January: +3.5 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 2011
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2010 |
|---|---|---|
| January | 3.6% | +3.5 |
| February | 3.6% | +3.4 |
| March | 4.0% | +3.4 |
| April | 4.0% | +3.3 |
| May | 3.8% | +2.7 |
| June | 3.4% | +2.2 |
| July | 3.2% | +1.3 |
| August | 2.9% | +0.9 |
| September | 3.6% | +1.6 |
| October | 4.2% | +1.9 |
| November | 3.9% | +1.6 |
| December | 3.6% | +1.1 |
| Average | 3.6% |
Data source
Data from OECD. Last updated: 10/01/2026.