Portugal Inflation Rate

Last Release

Aug 31, 2025

Actual

2.8

Units In

2.6

Frequency

Monthly

Next Release

Sep 30, 2025

Time to Release

19 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
53.9 May 1977	-1.6 Jun 2009	7.95 %	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

Portugal’s annual inflation rate rose to 2.8% in August 2025 from 2.6% in July, the highest since December 2024. The increase was driven by food prices, which climbed 4.0%—their fastest pace since October 2023—along with higher costs for transport (2.1% vs. 1.8%) and restaurants and hotels (7.7% vs. 7.5%). Housing inflation held steady at 2.2%, while prices for miscellaneous goods and services slowed to 1.9% from 2.1%. Core inflation, excluding food and energy, eased slightly to 2.4% from 2.5%. Meanwhile, the EU-harmonized consumer price index (HICP) advanced 2.5% in August, remaining above the European Central Bank’s 2% target.