Portugal records sharp inflation rise in April

Friday, 22 May 2026AI summary
Portugal records sharp inflation rise in April
Photo: observador.pt

Eurostat data shows Portugal experienced one of the highest monthly inflation increases in the Eurozone during April, rising by 1.9%. Experts suggest that volatility in international oil markets, particularly tensions near the Strait of Hormuz, is contributing to higher energy and food costs for families.

Context & Explainers

Eurostat is the statistical office of the European Union that collects, harmonises and publishes data on inflation, employment, trade and other socio-economic indicators across EU countries. It reported the eurozone's year-on-year inflation at 1.9% in December 2025 (revising down from 2.0%) and 2.3% for the whole EU — data used by central banks and governments when setting policy.