Core consumer prices in Portugal increased 2.50 percent in June of 2026 over the same month in the previous year. Core Inflation Rate in Portugal averaged 6.37 percent from 1949 until 2026, reaching an all time high of 31.06 percent in May of 1984 and a record low of -4.30 percent in October of 1954. source: Statistics Portugal

Core Inflation Rate in Portugal is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Core Inflation Rate is projected to trend around 2.20 percent in 2027 and 1.90 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
CPI 103.79 103.73 points Jun 2026
Core Consumer Prices 103.31 103.00 points Jun 2026
Core Inflation Rate 2.50 2.19 percent Jun 2026
CPI Housing Utilities 103.31 103.17 points Jun 2026
CPI Transportation 105.43 105.46 points Jun 2026
Energy Inflation 9.12 13.14 percent Jun 2026
Food Inflation 2.95 3.25 percent Jun 2026
GDP Deflator 128.76 127.36 points Mar 2026
Goods Inflation 2.43 3.13 percent Jun 2026
Harmonised Consumer Prices 104.12 104.02 points Jun 2026
Inflation Rate YoY 3.22 3.27 percent Jun 2026
Inflation Rate MoM 0.06 0.25 percent Jun 2026
Producer Prices 121.83 120.87 points Jun 2026
PPI YoY 5.00 5.10 percent Jun 2026
Services Inflation 4.19 3.42 percent Jun 2026


Portugal Core Inflation Rate
Portugal's core consumer prices refer to the total Consumer Price Index (CPI) excluding volatile items such as unprocessed food and energy. This measure provides a clearer view of underlying inflation trends by filtering out price fluctuations driven by short-term supply shocks or seasonal factors.
Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.19 31.06 -4.30 1949 - 2026 percent Monthly
NSA