Harmonised Consumer Prices in Portugal decreased to 125.47 points in August from 125.58 points in July of 2025. Harmonised Consumer Prices in Portugal averaged 87.02 points from 1990 until 2025, reaching an all time high of 126.02 points in June of 2025 and a record low of 43.89 points in January of 1990. source: Statistics Portugal

Related	Last	Previous	Unit	Reference
CPI	124.21	124.64	points	Jul 2025
Core Consumer Prices	121.69	122.65	points	Jul 2025
Core Inflation Rate	2.48	2.40	percent	Jul 2025
CPI Housing Utilities	134.93	134.31	points	Jul 2025
CPI Transportation	119.55	118.34	points	Jul 2025
Food Inflation	3.80	3.10	percent	Jul 2025
GDP Deflator	124.25	122.71	points	Jun 2025
Harmonised Consumer Prices	125.47	125.58	points	Aug 2025
Inflation Rate YoY Prel	2.80	2.60	percent	Aug 2025
Inflation Rate MoM Prel	-0.20	-0.40	percent	Aug 2025
Producer Prices	116.20	116.12	points	Jul 2025
PPI YoY	-3.70	-3.00	percent	Jul 2025

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.