Inflation Portugal 2015
Average inflation: 0.5%
Current Inflation
Inflation is very low at 0.5%, well below the ECB target.
Peak and Trough
The highest inflation was in May at 1.0%. The lowest inflation was in January at -0.4%.
- Highest month
- May: 1.0%
- Lowest month
- January: -0.4%
- Difference
- 1.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Communication with an average of 4.1%. The lowest price increase was in Clothing and footwear with an average of -2.0%.
- Highest increase
- Communication: 4.1%
- Lowest increase
- Clothing and footwear: -2.0%
Historical Context
Current inflation is 0.9% lower than the 5-year average of 1.4%.
- 5-year average
- 1.4%
- 10-year average
- 1.6%
- All-time high (2001)
- 4.4%
- All-time low (2009)
- -0.8%
Trend
Inflation has remained relatively stable. Compared to 2014, the difference is minimal (+0.8 percentage point).
- Change vs. previous year
- +0.8 percentage points
- Largest monthly swing
- July: +1.7 percentage points
ECB Target
Inflation is 1.5% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €100.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2015
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2014 |
|---|---|---|
| January | -0.4% | -0.5 |
| February | -0.2% | -0.1 |
| March | 0.3% | +0.7 |
| April | 0.4% | +0.5 |
| May | 1.0% | +1.4 |
| June | 0.8% | +1.2 |
| July | 0.8% | +1.7 |
| August | 0.7% | +1.1 |
| September | 0.9% | +1.3 |
| October | 0.6% | +0.6 |
| November | 0.6% | +0.6 |
| December | 0.4% | +0.8 |
| Average | 0.5% |
Data source
Data from OECD. Last updated: 10/01/2026.