Introduction
This analysis draws on data published by Eurostat and the Organisation for Economic Co-operation and Development (OECD). All values are updated in real-time, typically on the 18th–20th of each month when data providers publish final figures. We will examine:
- Annual inflation (how prices have changed compared to the same month in the previous year)
- Monthly inflation (price changes compared to the previous month)
- Price level changes relative to 2015 (which provides a better understanding of changes over time)
As inflation represents a long-term structural trend, the annual rate provides the most meaningful indicator of price dynamics.
Overall Inflation
- In December 2025, Portugal's annual inflation rate amounted to 2.4%, and the monthly rate was 0%.
- For comparison, the annual inflation rate was 2.4% in the European Union and 2% in the euro area.
- Since 2015, consumer prices in Portugal have risen by 25.2%, showing the cumulative effect of inflation.
Food
- In November 2025, Portugal's annual food inflation rate was 3.5%, and the monthly rate was 0.1%.
- For comparison, the annual food inflation rate was 2.7% in the European Union and 2.3% in the euro area.
- Food prices in Portugal have changed by 40.3% in total since 2015.
Alcohol and Tobacco
- In November 2025, Portugal recorded an annual alcohol and tobacco inflation rate of 1.8%, and the monthly rate was 0.1%.
- For comparison, the annual alcohol and tobacco inflation rate was 3.9% in the European Union and 2.7% in the euro area.
- Since 2015, alcohol and tobacco prices in Portugal have increased by 25.5%.
Clothing
- In November 2025, Portugal's annual clothing inflation rate stood at -1.7%, and the monthly rate was -0.1%.
- For comparison, the annual clothing inflation rate was 0.5% in the European Union and 0.5% in the euro area.
- Clothing prices in Portugal have changed by -7.3% since 2015.
Housing and Utilities
- In November 2025, Portugal's annual housing and utilities inflation rate was 1.5%, and the monthly rate was -0.1%.
- Across the European Union, the annual housing and utilities inflation rate was 2.2%, compared with 1.5% in the euro area.
- Since 2015, housing and utilities prices in Portugal have changed by 29.5% in total.
Household Equipment
- In November 2025, Portugal's annual household equipment inflation rate amounted to 0.1%, and the monthly rate was -0.3%.
- For comparison, the annual household equipment inflation rate was 0.4% in the European Union and 0.2% in the euro area.
- Household equipment prices in Portugal have changed by 11.4% since 2015.
Healthcare
- In November 2025, Portugal's annual healthcare inflation rate stood at 2.9%, and the monthly rate was 0.1%.
- For comparison, the annual healthcare inflation rate was 3% in the European Union and 2.4% in the euro area.
- Healthcare prices in Portugal have changed by 14.2% since 2015.
Transport
- In November 2025, Portugal's annual transport inflation rate was 1.8%, and the monthly rate was 0.1%.
- For comparison, the annual transport inflation rate was 1.8% in the European Union and 1.9% in the euro area.
- Transport prices in Portugal have changed by 23.5% since 2015.
Communications
- In November 2025, Portugal recorded an annual communications inflation rate of -4%, and the monthly rate was -0.4%.
- For comparison, the annual communications inflation rate was -0.2% in the European Union and -1.1% in the euro area.
- Communications prices in Portugal have changed by 9.8% since 2015.
Recreation and Culture
- In November 2025, Portugal's annual recreation and culture inflation rate amounted to 0.8%, and the monthly rate was -0.1%.
- For comparison, the annual recreation and culture inflation rate was 2.1% in the European Union and 2% in the euro area.
- Recreation and culture prices in Portugal have changed by 7.1% since 2015.
Education
- In November 2025, Portugal's annual education inflation rate was 4.3%, and the monthly rate was 0.1%.
- For comparison, the annual education inflation rate was 4.4% in the European Union and 3.5% in the euro area.
- Education prices in Portugal have changed by 18.6% since 2015.
Restaurants and Hotels
- In November 2025, Portugal's annual restaurants and hotels inflation rate stood at 3.9%, and the monthly rate was -4.9%.
- For comparison, the annual restaurants and hotels inflation rate was 4.1% in the European Union and 3.8% in the euro area.
- Restaurants and hotels prices in Portugal have changed by 48.5% since 2015.
Energy
- In November 2025, Portugal recorded an annual energy inflation rate of -0.7%, and the monthly rate was 0.9%.
- For comparison, the annual energy inflation rate was 0.3% in the European Union and -1.9% in the euro area.
- Energy prices in Portugal have changed by 24.5% since 2015.
Services
- In November 2025, Portugal's annual services inflation rate amounted to 3.3%, and the monthly rate was -2%.
- For comparison, the annual services inflation rate was 3.8% in the European Union and 3.4% in the euro area.
- Services prices in Portugal have changed by 29.5% since 2015.
Frequently Asked Questions
In December 2025, annual inflation in Portugal was 2.4%, representing a change of +0.3 percentage points compared to the previous period.
The current price index (2015=100) shows 125.16 for Portugal as of December 2025. This means prices have risen significantly since the 2015 baseline year.
Month-over-month price changes in December 2025 were 0% in Portugal.
The inflation measurement in Portugal is composed of several key components, each with different weights in the overall index (per 1,000 of consumer expenditure):
- Food and non-alcoholic beverages: 211.44
- Alcoholic beverages, tobacco and narcotics: 33.02
- Clothing and footwear: 60.39
- Housing, water, electricity, gas and other fuels: 91.4
- Furnishings, household equipment and routine household maintenance: 53.44
- Health: 65.46
- Transport: 148.82
- Communication: 24.97
- Recreation and culture: 47.23
- Education: 15.27
- Restaurants and hotels: 157.75
- Miscellaneous goods and services: 90.84
- Total: 1,000
Inflation in Other Countries
Compare Portugal's inflation results with other European countries to explore broader regional trends.
Methodology and Data Sources
This analysis utilizes real-time data from Eurostat, processed and visualized through Monitly's analytics platform. All charts and statistics are updated automatically to reflect the latest available information.