The average inflation rate in Portugal was forecast to decrease between 2024 and 2029 by in total 0.2 percentage points. This overall decrease does not happen continuously, notably not in 2026 and 2027. The inflation is estimated to amount to 2.04 percent in 2029. The International Monetary Fund describes this indicator as a measure of inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.
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IMF. (April 22, 2024). Portugal: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/372347/inflation-rate-in-portugal/
IMF. "Portugal: Inflation rate from 1989 to 2029 (compared to the previous year)." Chart. April 22, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/372347/inflation-rate-in-portugal/
IMF. (2024). Portugal: Inflation rate from 1989 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/372347/inflation-rate-in-portugal/
IMF. "Portugal: Inflation Rate from 1989 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/372347/inflation-rate-in-portugal/
IMF, Portugal: Inflation rate from 1989 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/372347/inflation-rate-in-portugal/ (last visited August 25, 2024)
Portugal: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/372347/inflation-rate-in-portugal/