Core consumer prices in Portugal increased 0.85 percent in September of 2021 over the same month in the previous year. source: Statistics Portugal

Core Inflation Rate in Portugal averaged 7.22 percent from 1978 until 2021, reaching an all time high of 31.27 percent in May of 1984 and a record low of -0.57 percent in January of 2010. This page provides - Portugal Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Core Inflation Rate - values, historical data and charts - was last updated on October of 2021.

Core Inflation Rate in Portugal is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Core Inflation Rate is projected to trend around 1.30 percent in 2022 and 0.50 percent in 2023, according to our econometric models.

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Portugal Core Inflation Rate


Portugal Last Unit Reference Previous Highest Lowest
Inflation Rate 1.50 percent Sep/21 1.50 53.90 -1.60
Inflation Rate Mom 0.90 percent Sep/21 -0.20 8.30 -5.60
Harmonised Consumer Prices 105.29 points Sep/21 104.41 105.50 43.89
Consumer Price Index CPI 105.74 points Sep/21 104.78 105.74 1.09
Core Inflation Rate 0.85 percent Sep/21 0.92 31.27 -0.57
Core Consumer Prices 105.30 points Sep/21 104.08 105.30 4.95
Producer Prices Change 13.30 percent Sep/21 11.00 18.40 -7.40
Producer Prices 111.20 points Sep/21 108.90 111.20 93.50
CPI Transportation 105.54 points Sep/21 105.57 105.57 3.31
CPI Housing Utilities 110.91 points Sep/21 110.66 110.91 4.59
Food Inflation 0.60 percent Aug/21 0.60 38.68 -6.33
GDP Deflator -1.00 percent Jun/21 1.80 4.50 -1.10