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

In 2023, Portugal's HICP decreased by 97.0% compared to 2022, reaching 0.3%.

The figure is below the EU-27 average of 2.5%.

Portugal ranks 15th out of 18 EU member states with reported data — in the bottom half of the distribution.

Over the past five years, the indicator has fallen by 90.3% (from 3.1% in 2018).

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