Harmonised Consumer Prices in Portugal increased to 104.02 points in May from 103.58 points in April of 2026. Harmonised Consumer Prices in Portugal averaged 75.25 points from 1996 until 2026, reaching an all time high of 104.02 points in May of 2026 and a record low of 52.68 points in January of 1996. source: EUROSTAT

Related	Last	Previous	Unit	Reference
CPI	103.80	103.47	points	May 2026
Core Consumer Prices	103.00	102.58	points	May 2026
Core Inflation Rate	2.19	2.20	percent	May 2026
CPI Housing Utilities	102.92	102.22	points	Apr 2026
CPI Transportation	105.38	102.72	points	Apr 2026
Food Inflation	4.40	3.70	percent	Apr 2026
GDP Deflator	128.77	127.34	points	Mar 2026
Harmonised Consumer Prices	104.02	103.58	points	May 2026
Inflation Rate YoY	3.30	3.30	percent	May 2026
Inflation Rate MoM	0.30	1.40	percent	May 2026
Producer Prices	119.57	116.78	points	Apr 2026
PPI YoY	3.80	0.00	percent	Apr 2026

Portugal Harmonised Consumer Prices

The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.