Portugal Inflation Rate, Month on Month

How much consumer prices changed in the month, on the EU's harmonised measure.

0.3%

+0.6pp vs Jul 2026

Aug 2026 · Monthly data

Not seasonally adjusted

Matches the latest releaseNot refreshed recently, awaiting the next release

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Inflation Rate, Month on Month

Feb 1996 to Aug 2026

Source: Derived from FRED series CP0000PTM086NEST (Eurostat) · HICP, all items, change on the previous month.

Portugal Inflation Rate, Month on Month in context

Worked out from the published series shown above.

In Portugal, the inflation rate, month on month rose by 0.4pp over the year to Aug 2026, from −0.1% in Aug 2025.

Over the past five years it has ranged from −1.1% in Nov 2023 to 2.6% in Mar 2022.

Its average since Feb 1996 is 0.2%, and the latest reading is above that.

How this series is defined

Everything you need to check the figure against the source.

Source
Derived from FRED series CP0000PTM086NEST (Eurostat)
Series
See the citation below
Frequency
Monthly
Unit
%
Seasonal adjustment
Not seasonally adjusted
Latest observation
Aug 2026
Revision status
Latest published estimate, subject to revision

A monthly change is not the annual rate divided by twelve: it is the change on the month before, so it moves with one-off price changes that the annual rate smooths out.

Data refreshed 2026-10-07. Figures are the latest published observations and can be revised.

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