Cost of food in Portugal increased 3.20 percent in January of 2026 over the same month in the previous year. Food Inflation in Portugal averaged 6.71 percent from 1949 until 2026, reaching an all time high of 50.80 percent in May of 1977 and a record low of -6.30 percent in August of 2009. source: Statistics Portugal
Food Inflation 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 Food Inflation is projected to trend around 1.90 percent in 2027, according to our econometric models.