Core consumer prices in Portugal increased 2 percent in March of 2026 over the same month in the previous year. Core Inflation Rate in Portugal averaged 6.88 percent from 1978 until 2026, reaching an all time high of 31.27 percent in May of 1984 and a record low of -0.58 percent in January of 2010. source: Statistics Portugal

Core Inflation Rate in Portugal is expected to be 2.10 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 102.09 100.07 points Mar 2026
Core Consumer Prices 101.54 99.69 points Mar 2026
Core Inflation Rate 2.00 1.94 percent Mar 2026
CPI Housing Utilities 102.22 101.86 points Mar 2026
CPI Transportation 102.72 99.85 points Mar 2026
Food Inflation 3.70 3.60 percent Mar 2026
GDP Deflator 127.40 127.18 points Dec 2025
Harmonised Consumer Prices 103.60 101.61 points Apr 2026
Inflation Rate YoY 3.40 2.70 percent Apr 2026
Inflation Rate MoM 1.40 2.00 percent Apr 2026
Producer Prices 116.80 114.16 points Mar 2026
PPI YoY 0.00 -3.50 percent Mar 2026


Portugal Core Inflation Rate
Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.94 31.27 -0.58 1978 - 2026 percent Monthly
2012=100