HICP - annual data (average index and rate of change) (1996-2025)

In 2023, Portugal's HICP decreased by 19.3% compared to 2022, reaching 9.2%.

The figure is below the EU-27 average of 11.6%.

Portugal ranks 22nd out of 27 EU member states with reported data — in the bottom half of the distribution.

Over the past five years, the indicator has grown by 820.0% (from 1.0% in 2018).

Source: Eurostat dataset prc_hicp_aind, accessed via the eupublicdata pipeline.