Portugal Inflation Rate

Last Release

May 31, 2025

Actual

2.3

Units In

2.1

Frequency

Monthly

Next Release

Jun 30, 2025

Time to Release

15 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
53.9 May 1977	-1.6 Jun 2009	7.97 %	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 was confirmed at a three-month high of 2.3% in May of 2025, up from 2.1% in April, amid increases in prices of unprocessed food (4.01%), processed food (1.11%), and energy (0.11%). By expenditure category, the largest year-on-year increases were seen in restaurants and hotels (6.14%), housing and utilities (4.16%), food and non-alcoholic beverages (2.55%), recreation and culture (3.72%), and education (3.41%). The core inflation index, excluding energy and unprocessed food components, came in at 2.2%, slightly below the preliminary 2.3%, yet higher than April’s 2.1%. On a monthly basis, consumer prices rose 0.3% in May, slightly below the earlier estimate of 0.4% and following a 0.7% increase in the prior month.