Portugal: Alcohol and tobacco inflation

* indicates monthly or quarterly data series
The most recent value is 2.94 percent as of June 2026, a decline compared to the previous value of 3.13 percent. Historically, the average for Portugal from January 1960 to June 2026 is 8.31 percent. The minimum of -22.65 percent was recorded in May 1980, while the maximum of 90.14 percent was reached in November 1978. Click on the following link to see the values of: Alcohol and tobacco 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: Alcohol and tobacco inflation
2026  Jun 2.94
2026  May 3.13
2026  Apr 4.96
2026  Mar 2.93
2026  Feb 2.17
2026  Jan 1.95
2025  Dec 1.56
2025  Nov 1.82


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Definition: Percent change in the inflation for aclohol and tobacco compared to the same month last year. Alcohol: Defined as drinkable liquids containing ethanol. EU regulations specifically classify beverages with an alcohol strength by volume exceeding (1.2%) as alcoholic beverges. Tobacco is defined as ‘leaves and other natural processed or unprocessed parts of tobacco plants, including expanded and reconstituted tobacco’ and tobacco products as ‘products that can be consumed and consist, even partly, of tobacco, whether genetically modified or not’. Based on their route of administration, tobacco products can be smokeless tobacco products including chewing tobacco, nasal tobacco and tobacco for oral use, and tobacco products for smoking, including manufactured products that can be consumed via a combustion process (like cigarettes, cigars, cigarillos, roll-your-own tobacco and pipe tobacco) or via a water pipe. Related Products: E-cigarettes and nicotine pouches are increasingly grouped alongside tobacco in national taxation and health policies.

 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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