The Consumer Price Index in Portugal increased 1.19 percent in September of 2026 over the previous month. Inflation Rate MoM in Portugal averaged 0.52 percent from 1948 until 2026, reaching an all time high of 7.66 percent in March of 1977 and a record low of -3.14 percent in May of 1953. source: Statistics Portugal

Inflation Rate MoM in Portugal is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Inflation Rate MoM is projected to trend around 0.30 percent in 2027 and 0.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-10 10:00 AM
Inflation Rate MoM Final
Aug 0% -0.5% 0.1% 0.1%
2026-09-30 10:00 AM
Inflation Rate MoM Prel
Sep 1.2% 0% 1%
2026-10-13 10:00 AM
Inflation Rate MoM Final
Sep 0% 1.2% 1.2%


Related Last Previous Unit Reference
CPI 103.28 103.24 points Aug 2026
Core Consumer Prices 102.43 102.57 points Aug 2026
Core Inflation Rate 2.66 2.64 percent Sep 2026
CPI Housing Utilities 103.65 103.38 points Aug 2026
CPI Transportation 107.40 105.93 points Aug 2026
Energy Inflation 15.39 12.20 percent Sep 2026
Food Inflation 2.14 2.24 percent Aug 2026
GDP Deflator 129.46 129.15 points Jun 2026
Goods Inflation 2.65 2.18 percent Aug 2026
Harmonised Consumer Prices 105.08 104.07 points Sep 2026
Inflation Rate YoY 3.56 3.30 percent Sep 2026
Inflation Rate MoM 1.19 0.03 percent Sep 2026
Producer Prices 123.85 122.83 points Aug 2026
PPI YoY 7.20 5.80 percent Aug 2026
Services Inflation 3.95 4.03 percent Aug 2026


Portugal Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
1.19 0.03 7.66 -3.14 1948 - 2026 percent Monthly
2012 = 100