Losses have decreased, but the interest rate cut has not yet been enough to bring the Bank of Portugal back to profit in 2025. Furthermore, the recent escalation of inflation already poses a threat to the 2026 results.
War in Iran threatens Bank of Portugal's return to profit in 2026
Thursday, 23 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.
