Current inflation Portugal 2.2%

November 2025

Current Inflation

Inflation is normal at 2.4%, around the ECB target.

Historical Context

Current inflation is 1.3% lower than the 5-year average of 3.7%.

5-year average
3.7%
10-year average
2.2%
All-time high (2022)
7.8%
All-time low (2009)
-0.8%

Trend

Inflation shows a downward trend. Compared to 2024, inflation has fallen by +0.0 percentage point.

ECB Target

Inflation is 0.4% 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 €102.40 next year at this inflation rate.

Last 12 months

5-year trend

Statistics

This year (avg.)
2.4%
Last year
2.4%
5-year average
2.4%
All-time high (2022)
7.8%