5 things that will define the day

Thursday, 30 April 2026RSS
5 things that will define the day

Portugal's first-quarter GDP, April inflation, and the European unemployment rate are released this Thursday, just hours before the European Central Bank announces its interest rate decision. In parallel, Novobanco concludes its sale to the French group BPCE and the Bank of Portugal releases new rules.

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.

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