Cost of food in Portugal increased 12.30 percent in May of 2022 over the same month in the previous year. source: Statistics Portugal
Food Inflation in Portugal averaged 6.67 percent from 1978 until 2022, reaching an all time high of 38.68 percent in December of 1983 and a record low of -6.33 percent in August of 2009. This page provides - Portugal Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Food Inflation - values, historical data and charts - was last updated on June of 2022.
Food Inflation in Portugal is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Food Inflation is projected to trend around 2.00 percent in 2023, according to our econometric models.