The European Central Bank (ECB) predicts that inflation will accelerate to 3.1% in the second quarter of 2026 due to rising energy prices caused by the war in the Middle East.
ECB forecasts inflation to accelerate to 3.1% in the second quarter
Thursday, 2 April 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.
