Portuguese inflation eases to 3.2% in June

WorldBusiness & Finance
1 Jul 2026 • 1:21 AM MYT
DPA International
DPA International

DPA, founded in 1949, one of the world’s leading independent news agencies

Portugal's consumer price inflation moderated slightly in June amid a reduction in fuel prices, preliminary data from Statistics Portugal showed on Tuesday.

The consumer price index rose 3.2% annually in June, slower than the 3.3% increase in May.

The annual price growth in energy products moderated to 9.1% from 13.1%, reflecting the reduction in fuel prices. Inflation based on unprocessed food also softened to 5.2% from 5.7%.

Core inflation, which excludes energy and unprocessed food products, accelerated to 2.5% from 2.2%.

Monthly, consumer prices edged up 0.1%.

The EU measure of inflation, the harmonized index of consumer prices, climbed at a stable pace of 3.1% annually in June.

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