Inflation Portugal 2016
Average inflation: 0.6%
Current Inflation
Inflation is very low at 0.6%, well below the ECB target.
Peak and Trough
The highest inflation was in October at 0.9%. The lowest inflation was in May at 0.3%.
- Highest month
- October: 0.9%
- Lowest month
- May: 0.3%
- Difference
- 0.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Communication with an average of 3.2%. The lowest price increase was in Health with an average of -0.6%.
- Highest increase
- Communication: 3.2%
- Lowest increase
- Health: -0.6%
Historical Context
Current inflation is around the 5-year average of 0.8%.
- 5-year average
- 0.8%
- 10-year average
- 1.3%
- All-time high (2001)
- 4.4%
- All-time low (2009)
- -0.8%
Trend
Inflation has remained relatively stable. Compared to 2015, the difference is minimal (+0.1 percentage point).
- Change vs. previous year
- +0.1 percentage points
- Largest monthly swing
- January: +1.2 percentage points
ECB Target
Inflation is 1.4% 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 €100.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | 0.8% | +1.2 |
| February | 0.4% | +0.6 |
| March | 0.4% | +0.1 |
| April | 0.5% | +0.1 |
| May | 0.3% | -0.7 |
| June | 0.5% | -0.3 |
| July | 0.6% | -0.2 |
| August | 0.7% | 0.0 |
| September | 0.6% | -0.3 |
| October | 0.9% | +0.3 |
| November | 0.6% | 0.0 |
| December | 0.9% | +0.5 |
| Average | 0.6% |
Data source
Data from OECD. Last updated: 10/01/2026.