Inflation in Portugal
Harmonized inflation falls to over one-year low in April
Harmonized inflation came in at 6.9% in April, which was down from March’s 8.0%. April’s figure marked the lowest inflation rate since March 2022. The moderation was broad-based, with reduced price pressures recorded for food and non-alcoholic beverages, transportation, and housing and utilities.
In addition, the trend pointed down mildly, with annual average harmonized inflation coming in at 9.0% in April (March: 9.1%). Meanwhile, consumer price inflation fell to 5.7% in April, from March’s 7.4%.
Lastly, harmonized consumer prices increased 1.29% from the previous month in April, below the 2.01% increase logged in March.
Portugal Inflation Chart
This chart displays Inflation (HICP, ann. var. %, eop) for Portugal from 2013 to 2022.
Portugal Inflation Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Inflation (HICP, ann. var. %, eop) | 1.6 | 0.6 | 0.4 | -0.3 | 2.8 |