In January 2025, Portugal's Consumer Price Index (CPI) showed no change from the previous year, holding steady at a rate of 2.5%, according to the latest data update on February 12, 2025. This marks a consistent inflation rate compared to January 2024, with the index up by the same percentage point over a year-long period.
The CPI measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. A steady CPI implies that the inflation rate in Portugal has neither increased nor decreased, highlighting a period of economic stability in terms of consumer pricing as observed in January 2025. This stability comes despite ongoing global economic uncertainties that have affected numerous other regions worldwide.
As analysts and economic stakeholders monitor future trends, the unchanged CPI indicates that Portugal's economy continues in a phase of controlled inflation. This condition potentially supports consumer and investor confidence but also warrants close scrutiny as the year progresses to ensure that it does not precede unforeseen fluctuations in the economic landscape.
