Portugal Inflation Rate

Last Release

Mar 31, 2025

Actual

1.9

Units In

2.4

Frequency

Monthly

Next Release

Apr 30, 2025

Time to Release

28 Days 15 Hours

Highest	Lowest	Average	Date Range	Source
53.9 May 1977	-1.6 Jun 2009	7.99 %	1961-2025	Statistics Portugal

In Portugal, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The most important categories in the Portuguese consumer price index are Food and non-alcoholic beverages (20.8 percent of the total weight), Transport (14 percent), Miscellaneous Goods and Services (10.4 percent) and Housing, water, electricity, gas and other fuels (10.3 percent). Restaurants and Hotels account for 8.6 percent, Recreation and Culture for 7.2 percent and Clothing and Footwear for 6.9 percent. The index also includes: Health (6.3 percent) and Furnishings, household equipment and routine maintenance of the house (6.2 percent). Alcoholic beverages and tobacco, Communication and Education account for the remaining 9.4 percent.

Latest Updates

The annual inflation rate in Portugal fell for a third straight month to 1.9% in March 2025, the lowest level since August 2024, compared to 2.4% in February, preliminary estimates showed. Energy prices stalled, compared to a 1.5% gain in the previous month and cost for processed food products also eased (0.9% vs 1.3%). In contrast, prices for unprocessed food increased at a faster pace (2.8% vs 2.4%). Meanwhile, annual core inflation rate also eased to 1.9% from 2.5%. Compared to the previous month, consumer prices surged 1.4%, the most since March last year, after a 0.1% fall in February.