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Portugal Inflation September 2022

Portugal: Harmonized inflation comes in at highest level since September 1991 in September

Harmonized inflation came in at 9.8% in September, which was up from August’s 9.3%. September’s figure marked the highest inflation rate since September 1991. The reading was primarily due to rising prices for food and non-alcoholic beverages.

The trend pointed up, with annual average harmonized inflation coming in at 6.2% in September (August: 5.4%).

Meanwhile, consumer price inflation rose to 9.3% in September, from the previous month’s 8.9%.

Finally, harmonized consumer prices rose 1.27% in September over the previous month, swinging from the 0.19% fall logged in August. September’s jump marked the highest reading since April.

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