Portugal: Housing inflation

* indicates monthly or quarterly data series
The most recent value is 5.26 percent as of July 2026, an increase compared to the previous value of 5.2 percent. Historically, the average for Portugal from January 1960 to July 2026 is 8.07 percent. The minimum of -6.95 percent was recorded in February 1975, while the maximum of 39.56 percent was reached in August 1976. Click on the following link to see the values of: Housing inflation around the world.
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* indicates monthly or quarterly data series

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  • Measure: percent
  • Source: OECD

Recent values Portugal: Housing inflation
2026  Jul 5.26
2026  Jun 5.2
2026  May 5.17
2026  Apr 5.13
2026  Mar 5.12
2026  Feb 5.19
2026  Jan 5.07
2025  Dec 4.92


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Definition: The percent change in the inflation for housing rent compared to the same month last year. Housing inlfation refers to the total rent payments made by tenants to landlords for the right to use a residential dwelling. Crucially, this reflects the actual amount paid, regardless of any social housing benefits, housing allowances, or rent subsidies the tenant receives from public authorities. What is Included in Actual Rentals: Base rent: The core payment for the occupation of the dwelling. Heating and utility charges: Payments for utilities (like water, electricity, and heating) are included if they are billed directly by the landlord as part of the total rental payment.

 Related indicators Latest Reference Measure
 Inflation 2.3 2025 percent
 Exchange rate regimes 7 2023 index points
 USD exchange rate 0.8754 7/2026 Local Currency Units per USD
 Money supply (broad money) 233.70 12/2020 billion
 Consumer Price Index (CPI) 103.7600 7/2026 index points
 Inflation, monthly -0.35 7/2026 percent
 Inflation, annual 3.14 7/2026 percent
 Food and beverages inflation 2.95 6/2026 percent
 Alcohol and tobacco inflation 2.94 6/2026 percent
 Energy price inflation 9.12 6/2026 percent
 Transport services inflation 5.49 6/2026 percent
 Services inflation 4.19 6/2026 percent
 Information and communication inflation -2.77 6/2026 percent
 Restaurant and accommodation services inflation 6.23 6/2026 percent
 Health care inflation 2.51 6/2026 percent
 Education services inflation 4.34 6/2026 percent
 Clothing and footwear inflation -2.12 6/2026 percent
 Housing inflation 5.26 7/2026 percent
 Private sector credit 218.93 12/2025 billion
 Business credit 74.15 12/2025 billion
 Household credit 144.78 12/2025 billion
 Mortgage credit 110.96 12/2025 billion
 Consumer credit 33.81 12/2025 billion
 Deposit interest rate 3.09 10/2023 percent
 Business credit interest rate 5.01 6/2023 percent
 Mortgage credit interest rate 3.99 6/2023 percent
 Policy rate 3.25 12/1998 percent
 Household debt to GDP 53.90 12/2025 percent
 Debt service ratios for private non-financial sector 12.20 Q4/2025 percent
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