Consumer Price Index CPI in Portugal increased to 104.56 points in September from 103.28 points in August of 2026. Consumer Price Index CPI in Portugal averaged 36.33 points from 1948 until 2026, reaching an all time high of 104.56 points in September of 2026 and a record low of 0.80 points in March of 1948. source: Statistics Portugal

Consumer Price Index CPI in Portugal is expected to be 104.44 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Consumer Price Index (CPI) is projected to trend around 106.22 points in 2027 and 108.23 points in 2028, according to our econometric models.


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Components Last Previous Unit Reference
Core Consumer Prices 103.65 102.43 points Sep 2026
CPI Clothing 102.50 84.36 points Sep 2026
CPI Education 103.67 103.44 points Sep 2026
CPI Food 103.33 102.84 points Sep 2026
CPI Health 103.44 103.23 points Sep 2026
CPI Housing Utilities 103.91 103.65 points Sep 2026
CPI Recreation and Culture 99.93 102.72 points Sep 2026
CPI Restaurants and Hotels 111.40 110.36 points Sep 2026
CPI Transportation 108.33 107.40 points Sep 2026

Related Last Previous Unit Reference
CPI 104.56 103.28 points Sep 2026
Core Consumer Prices 103.65 102.43 points Sep 2026
Core Inflation Rate 2.72 2.64 percent Sep 2026
CPI Housing Utilities 103.91 103.65 points Sep 2026
CPI Transportation 108.33 107.40 points Sep 2026
Energy Inflation 15.39 12.20 percent Sep 2026
Food Inflation 2.38 2.14 percent Sep 2026
GDP Deflator 129.46 129.15 points Jun 2026
Goods Inflation 2.96 2.65 percent Sep 2026
Harmonised Consumer Prices 105.15 104.07 points Sep 2026
Inflation Rate YoY 3.61 3.30 percent Sep 2026
Inflation Rate YoY 3.61 3.30 percent Sep 2026
Inflation Rate MoM 1.24 0.03 percent Sep 2026
Inflation Rate MoM 1.24 0.03 percent Sep 2026
Producer Prices 125.63 123.76 points Sep 2026
PPI YoY 9.20 7.20 percent Sep 2026
Services Inflation 4.40 3.95 percent Sep 2026


Portugal Consumer Price Index (CPI)
In Portugal, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
104.56 103.28 104.56 0.80 1948 - 2026 points Monthly
2025=100, NSA