Portugal Inflation Rate

Last Release

Nov 30, 2025

Actual

2.2

Units In

2.3

Frequency

Monthly

Next Release

Dec 31, 2025

Time to Release

16 Days 17 Hours

Highest	Lowest	Average	Date Range	Source
53.9 May 1977	-1.6 Jun 2009	7.93 %	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 to 2.2% in November 2025, the lowest in seven months, from 2.3% in October, in line with preliminary estimates. Prices eased for housing & utilities (1.4% vs 1.8%), restaurants & hotels (5.2% vs 5.6%), miscellaneous goods & services (2.9% vs 3.3%), recreation & culture (1.4% vs 1.5%), furnishings & household equipment (0.1% vs 0.4%) and alcoholic beverages & tobacco (1.8% vs 1.9%). Also, cost fell faster for clothing & footwear (-1.8% vs -1.3%) and communications (-4% vs -3.7%). Meanwhile, inflation was steady for food and non-alcoholic beverages (at 3.5%), health (at 2.9%) and education (at 4.3%). On the other hand, prices accelerated for transport (1.9% vs 1.8%). The annual core inflation rate, which excludes energy and unprocessed food, fell to 2.0% in November from 2.1%. On a monthly basis, consumer prices decreased 0.3%, after being unchanged in October.