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CPI annual rate of change increases to 0.6%
Consumer price index
CPI annual rate of change increases to 0.6% - April 2021
12 May 2021


The Consumer Price Index (CPI) annual rate was 0.6% in April 2021 (0.5% in March). The annual core inflation rate, which excludes energy and unprocessed food products, was 0.1% (the same value as in the previous month).
The CPI monthly rate was 0.4% (1.4% in the previous month and 0.3% in April 2020), while the CPI 12-month average rate was 0.1% (nil in the previous month).
In April 2021, the Portuguese Harmonised Index of Consumer Prices (HICP) annual rate was -0.1% (0.1% in the previous month). This rate is 1.7 percentage points (p.p.) below the figure estimated by Eurostat for the Euro area (in March this difference was 1.2 p.p.).

Despite the circumstances determined by the pandemic COVID-19, Statistics Portugal calls for the best collaboration by companies, families, and public entities in responding to Statistics Portugal’s data requests. The quality of official statistics, particularly its ability to identify the impacts of the pandemic COVID-19, crucially depends on this collaboration, which Statistics Portugal thanks in advance.

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