The year-on-year inflation rate was 2.2% in December, unchanged from November, putting the average change for 2025 at 2.3%, compared with 2.4% in 2024. Rents increased by 5.3%.
INE confirms inflation slowed to 2.3% in 2025
Tuesday, 13 January 2026RSS
Context & Explainers
Inflation measures how much general prices rise over time, usually reported year‑on‑year to compare a month with the same month a year earlier. Portugal’s National Institute of Statistics (INE) estimated January inflation at 1.9% year‑on‑year, down 0.3 percentage points from December, which affects rents, wages and everyday purchasing power for residents.
