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Portugal · Core inflation rate

Portugal Core inflation rate

Source: OECD (terms permit extract/distribute, incl. commercial, with citation). · updated 2025-12-31

Latest · 2025-12-312.05%
Previous · 2025-11-301.95%
Highest · 1991-01-3115.74%
Lowest · 2013-02-28-0.4745%

Portugal's core inflation rate stands at 2.05% as of 2025-12-31, up from 1.95% in 2025-11-30. Historical data runs from 1990 to 2025 (432 observations).

Recent trend

In 2025-12-31, Portugal's core inflation rate was 2.05%, up from 1.95% in 2025-11-30.

In 2025-11-30, Portugal's core inflation rate was 1.95%, down from 2.15% in 2025-10-31.

In 2025-10-31, Portugal's core inflation rate was 2.15%, up from 1.97% in 2025-09-30.

In 2025-09-30, Portugal's core inflation rate was 1.97%, down from 2.44% in 2025-08-31.

In 2025-08-31, Portugal's core inflation rate was 2.44%, up from 1.89% in 2025-07-31.

Portugal Core inflation rate — historical data

DateValueChange
2025-12-312.05%+0.0995%
2025-11-301.95%-0.2034%
2025-10-312.15%+0.1859%
2025-09-301.97%-0.4695%
2025-08-312.44%+0.5431%
2025-07-311.89%-0.5013%
2025-06-302.4%+0.1624%
2025-05-312.23%+0.0931%
2025-04-302.14%+0.2566%
2025-03-311.88%-0.5696%
2025-02-282.45%-0.2073%
2025-01-312.66%-0.1496%
2024-12-312.81%+0.1928%
2024-11-302.62%-0.0025%
2024-10-312.62%-0.18%
2024-09-302.8%+0.4255%
2024-08-312.37%-0.0136%
2024-07-312.39%+0.0298%
2024-06-302.36%-0.3464%
2024-05-312.71%+0.6658%
2024-04-302.04%-0.4521%
2024-03-312.49%+0.3815%
2024-02-292.11%-0.3158%
2024-01-312.43%-0.2128%
2023-12-312.64%-0.2123%
2023-11-302.85%-0.6657%
2023-10-313.52%-0.5435%
2023-09-304.06%-0.4149%
2023-08-314.47%-0.1907%
2023-07-314.67%-0.5871%
2023-06-305.25%-0.1805%
2023-05-315.43%-1.11%
2023-04-306.55%-0.4656%
2023-03-317.01%-0.1991%
2023-02-287.21%+0.1867%
2023-01-317.02%-0.2913%
2022-12-317.31%+0.0877%
2022-11-307.23%+0.0998%
2022-10-317.13%+0.2327%
2022-09-306.89%+0.3996%
2022-08-316.5%+0.2636%
2022-07-316.23%+0.2448%
2022-06-305.99%+0.4226%
2022-05-315.56%+0.6022%
2022-04-304.96%+1.14%
2022-03-313.82%+0.6415%
2022-02-283.18%+0.7332%
2022-01-312.45%+0.6305%
2021-12-311.82%+0.1179%
2021-11-301.7%+0.6269%
2021-10-311.07%+0.2191%
2021-09-300.8524%-0.0688%
2021-08-310.9212%+0.0704%
2021-07-310.8508%+1.11%
2021-06-30-0.2567%-0.8895%
2021-05-310.6328%+0.5468%
2021-04-300.086%-0.0579%
2021-03-310.1439%-0.5218%
2021-02-280.6657%+0.1114%
2021-01-310.5543%+0.6983%
2020-12-31-0.1439%+0.038%
2020-11-30-0.182%-0.0864%
2020-10-31-0.0956%+0.0861%
2020-09-30-0.1816%-0.1041%
2020-08-31-0.0775%-0.1549%
2020-07-310.0774%-0.1322%
2020-06-300.2096%+0.6582%
2020-05-31-0.4486%-0.277%
2020-04-30-0.1716%-0.21%
2020-03-310.0384%-0.0596%
2020-02-290.098%-0.3219%
2020-01-310.4199%+0.0539%
2019-12-310.366%-0.2411%
2019-11-300.6071%+0.3003%
2019-10-310.3068%+0.1152%
2019-09-300.1916%-0.0318%
2019-08-310.2233%+0.349%
2019-07-31-0.1256%-0.7392%
2019-06-300.6136%+0.1437%
2019-05-310.4699%-0.3568%

Source: OECD (terms permit extract/distribute, incl. commercial, with citation). · Download this series as CSV — free, attribution required (CC BY 4.0).

More Portugal data

Frequently asked questions

What is Portugal's core inflation rate?

Portugal's core inflation rate is 2.05% as of 2025-12-31, compared with 1.95% in 2025-11-30. Source: OECD (terms permit extract/distribute, incl. commercial, with citation).

What was the highest core inflation rate in Portugal?

The highest recorded value is 15.74% (1991-01-31); the lowest is -0.4745% (2013-02-28), across data from 1990 to 2025.

Where does this data come from?

Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures are republished with attribution and updated as the source releases new observations.