Harmonised Inflation Rate MoM in Portugal decreased by 0.04 percent in December from -0.90 percent in November of 2025. Harmonised Inflation Rate MoM in Portugal averaged 0.25 percent from 1990 until 2025, reaching an all time high of 2.60 percent in March of 2022 and a record low of -2.00 percent in July of 2020. source: Statistics Portugal

Related	Last	Previous	Unit	Reference
CPI	124.84	124.74	points	Dec 2025
Core Consumer Prices	122.44	122.29	points	Dec 2025
Core Inflation Rate	1.76	2.05	percent	Jan 2026
CPI Housing Utilities	135.57	135.49	points	Dec 2025
CPI Transportation	119.01	118.33	points	Dec 2025
Food Inflation	3.50	3.50	percent	Dec 2025
GDP Deflator	127.02	125.12	points	Sep 2025
Harmonised Consumer Prices	125.16	125.21	points	Dec 2025
Harmonised Inflation Rate MoM	-0.04	-0.90	percent	Dec 2025
Harmonised Inflation Rate YoY	1.90	2.40	percent	Jan 2026
Inflation Rate YoY Prel	1.90	2.20	percent	Jan 2026
Inflation Rate MoM Prel	-0.70	0.10	percent	Jan 2026
PPI MoM	0.40	-0.10	percent	Dec 2025
Producer Prices	115.67	115.24	points	Dec 2025
PPI YoY	-3.20	-3.30	percent	Dec 2025
Rent Inflation	4.90	5.00	percent	Dec 2025