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Portugal · Inflation rate

Portugal Inflation rate

Source: OECD (terms permit extract/distribute, incl. commercial, with citation). · updated 2026-05-31

Latest · 2026-05-313.27%
Previous · 2026-04-303.35%
Highest · 1990-10-3114.63%
Lowest · 2009-09-30-1.66%

Portugal's inflation rate stands at 3.27% as of 2026-05-31, down from 3.35% in 2026-04-30. Historical data runs from 1990 to 2026 (437 observations).

Recent trend

In 2026-05-31, Portugal's inflation rate was 3.27%, down from 3.35% in 2026-04-30.

In 2026-04-30, Portugal's inflation rate was 3.35%, up from 2.71% in 2026-03-31.

In 2026-03-31, Portugal's inflation rate was 2.71%, up from 2.1% in 2026-02-28.

In 2026-02-28, Portugal's inflation rate was 2.1%, up from 1.92% in 2026-01-31.

In 2026-01-31, Portugal's inflation rate was 1.92%, down from 2.19% in 2025-12-31.

Portugal Inflation rate — historical data

DateValueChange
2026-05-313.27%-0.0775%
2026-04-303.35%+0.6388%
2026-03-312.71%+0.6043%
2026-02-282.1%+0.1837%
2026-01-311.92%-0.2653%
2025-12-312.19%-0.0204%
2025-11-302.21%-0.1363%
2025-10-312.34%-0.0547%
2025-09-302.4%-0.3677%
2025-08-312.76%+0.1226%
2025-07-312.64%+0.2675%
2025-06-302.37%+0.1177%
2025-05-312.26%+0.1608%
2025-04-302.1%+0.2453%
2025-03-311.85%-0.5411%
2025-02-282.39%-0.1432%
2025-01-312.54%-0.4749%
2024-12-313.01%+0.5356%
2024-11-302.47%+0.1525%
2024-10-312.32%+0.2541%
2024-09-302.07%+0.208%
2024-08-311.86%-0.6728%
2024-07-312.53%-0.2611%
2024-06-302.79%-0.2712%
2024-05-313.06%+0.8588%
2024-04-302.21%-0.0834%
2024-03-312.29%+0.2217%
2024-02-292.07%-0.233%
2024-01-312.3%+0.879%
2023-12-311.42%-0.1185%
2023-11-301.54%-0.5766%
2023-10-312.12%-1.46%
2023-09-303.58%-0.1402%
2023-08-313.72%+0.648%
2023-07-313.07%-0.3261%
2023-06-303.39%-0.5905%
2023-05-313.98%-1.73%
2023-04-305.71%-1.72%
2023-03-317.43%-0.8162%
2023-02-288.25%-0.1152%
2023-01-318.36%-1.23%
2022-12-319.59%-0.3436%
2022-11-309.94%-0.2029%
2022-10-3110.14%+0.8582%
2022-09-309.28%+0.337%
2022-08-318.94%-0.1164%
2022-07-319.06%+0.3333%
2022-06-308.73%+0.7282%
2022-05-318%+0.7948%
2022-04-307.2%+1.87%
2022-03-315.33%+1.14%
2022-02-284.19%+0.8546%
2022-01-313.34%+0.5955%
2021-12-312.74%+0.1606%
2021-11-302.58%+0.7525%
2021-10-311.83%+0.3522%
2021-09-301.48%-0.057%
2021-08-311.54%+0.0698%
2021-07-311.47%+0.9585%
2021-06-300.5075%-0.7369%
2021-05-311.24%+0.6916%
2021-04-300.5528%+0.0982%
2021-03-310.4546%-0.027%
2021-02-280.4816%+0.1803%
2021-01-310.3013%+0.5309%
2020-12-31-0.2296%-0.0089%
2020-11-30-0.2207%-0.1488%
2020-10-31-0.0718%+0.0681%
2020-09-30-0.1399%-0.1283%
2020-08-31-0.0116%-0.1539%
2020-07-310.1423%+0.0171%
2020-06-300.1251%+0.8493%
2020-05-31-0.7242%-0.5053%
2020-04-30-0.2189%-0.266%
2020-03-310.0471%-0.3326%
2020-02-290.3797%-0.42%
2020-01-310.7997%+0.3801%
2019-12-310.4196%+0.103%
2019-11-300.3166%+0.3013%
2019-10-310.0153%

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 inflation rate?

Portugal's inflation rate is 3.27% as of 2026-05-31, compared with 3.35% in 2026-04-30. Source: OECD (terms permit extract/distribute, incl. commercial, with citation).

What was the highest inflation rate in Portugal?

The highest recorded value is 14.63% (1990-10-31); the lowest is -1.66% (2009-09-30), across data from 1990 to 2026.

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.