Portugal Inflation Rate

Last updated: 2022-05-17

Annual inflation

7.20%

YoY ending in Apr 2022

Monthly inflation

2.20%

April 2022

The graph above shows the annual inflation rates in Portugal for the previous 10 calendar years, from 2012. For additional years, see the historical inflation rates. To calculate cumulative rates between two different periods, you can use the Portugal Inflation Calculator.

The current inflation rate in Portugal is 7.20%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in April 2022.

In April 2022, the monthly inflation rate was 2.20.

The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values.

Year Measure Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022 YoY 3.34 4.19 5.33 7.20
MoM 0.28 0.37 2.51 2.20
2021 YoY 0.30 0.48 0.45 0.55 1.24 0.51 1.47 1.54 1.48 1.83 2.58 2.74
MoM -0.30 -0.46 1.41 0.42 0.24 0.15 -0.35 -0.20 0.91 0.45 0.44 0.02

Historical Annual Inflation Rates from 1956

The table below contains annual inflation rates in Portugal from 1956. The 'Inflation %' column indicates how much prices have changed since the previous year.

The 5-year and 10-year columns display the rolling average of the yearly inflation. For example, the 5-year avg. on the first row indicates that between 2016 and 2021, the average inflation rate was 0.79%. These values can be useful for long-term analysis and forecasting.

You can click or tap the table’s headers to sort the information.

Year Inflation 5-year Avg. 10-year Avg.
1956 1.63 - -
1957 1.42 - -
1958 1.58 - -
1959 2.47 - -
1960 1.25 - -
1961 1.77 1.73 -
1962 2.34 1.98 -
1963 3.05 2.06 -
1964 3.37 2.54 -
1965 3.34 2.62 -
1966 4.39 3.31 2.52
1967 9.37 3.88 2.93
1968 3.98 4.70 3.37
1969 10.71 5.76 4.14
1970 4.57 6.35 4.47
1971 15.19 7.72 5.49
1972 8.18 8.75 6.29
1973 19.88 10.12 7.38
1974 18.56 13.24 9.44
1975 21.43 15.08 10.63
1976 27.11 16.91 12.22
1977 22.44 20.92 14.67
1978 23.38 22.60 16.20
1979 21.00 21.97 17.53
1980 12.66 22.10 18.53
1981 23.68 21.67 19.26
1982 18.26 19.88 20.40
1983 32.20 20.47 21.53
1984 21.19 21.72 21.85
1985 16.83 22.47 22.28
1986 11.22 21.05 21.36
1987 9.20 18.56 19.22
1988 11.96 15.77 18.09
1989 11.69 12.79 17.17
1990 13.99 11.67 16.94
1991 9.88 11.57 16.22
1992 8.93 11.55 15.00
1993 6.71 10.87 13.30
1994 4.34 9.41 11.08
1995 3.55 7.53 9.58
1996 3.19 5.79 8.64
1997 2.46 4.35 7.89
1998 3.18 3.52 7.13
1999 1.96 2.91 6.11
2000 3.86 2.63 5.05
2001 3.78 2.89 4.33
2002 3.97 3.14 3.75
2003 2.37 3.27 3.40
2004 2.49 3.28 3.09
2005 2.58 3.16 2.90
2006 2.51 2.91 2.90
2007 2.68 2.68 2.91
2008 0.78 2.56 2.92
2009 -0.05 1.91 2.59
2010 2.52 1.73 2.45
2011 3.61 1.84 2.38
2012 1.92 1.90 2.29
2013 0.20 1.44 2.00
2014 -0.36 1.55 1.73
2015 0.40 1.37 1.55
2016 0.88 0.77 1.30
2017 1.47 0.49 1.20
2018 0.66 0.63 1.04
2019 0.42 0.76 1.16
2020 -0.23 0.66 1.01
2021 2.74 0.79 0.78

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