Latest inflation data confirms the estimates for pension adjustments next year. If there is budgetary flexibility, there may be an additional bonus, but it will be one-off.
Pensions increase by 2.77% in January for most retirees
Friday, 28 November 2025RSS
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.
