INE confirms slowdown of inflation to 2.2% in November

Friday, 12 December 2025RSS
INE confirms slowdown of inflation to 2.2% in November

The National Institute of Statistics (INE) confirmed this Friday that the year-on-year inflation rate was 2.2% in November, down 0.1 percentage points from October. This marks the third consecutive month of relief in consumer prices, primarily attributed to the slowdown in inflation for food products.

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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