Inflation slows to 2.3% in 2025
INE confirmed annual inflation eased to 2.3% in 2025, a 0.1 percentage‑point drop from 2024; food was the largest contributor to price increases over the year. The data come from the Consumer Price Index as compiled by the National Institute of Statistics (Instituto Nacional de Estatística or INE). For residents balancing household budgets, slower headline inflation may ease pressure but food-price rises mean grocery bills remain important to monitor.
The INE is Portugal's National Statistics Institute (Instituto Nacional de Estatística), and its housing price index measures changes in residential property prices used by policymakers, lenders and markets. That index—published regularly with monthly and quarterly releases for different housing statistics—helps legislators assess price trends and justify measures when prices are rising steadily.
The Consumer Price Index (CPI) is a statistical measure that tracks the average change over time in the prices paid by households for a fixed basket of goods and services. Portugal’s statistics office (INE) reported the CPI rose by 2.3% last year (0.1 percentage points less than in 2024), and this figure helps expats understand changes in cost of living, rent indexing and adjustments to wages or benefits.
The National Institute of Statistics (National Institute of Statistics (Instituto Nacional de Estatística, INE) is Portugal’s official body for collecting and publishing data on population, economy and travel; it reported that trips by residents abroad rose 21.9% year-on-year to 975,000 in Q2 2025. Expats can use INE data for planning travel, business decisions or understanding tourism trends in Portugal via its website and published bulletins.
Cut in fuel tax brings the State an extra €200 million in one month
In the last month, an additional €6.7 million entered public coffers per day. This follows the end of the discount applied in December, when consumption rises.
Bread is expected to increase by an average of two euro cents as of 1 January 2026
2026, as always, brings the customary price increases for goods and services.
Christmas boosts domestic chocolate firms as cocoa price remains double the 2023 average
Domestic chocolate companies are approaching the Christmas period with optimism — “one of the most important” for sales — and do not plan to cut prices because the price of cocoa remains about double the 2023 average.
⛽ Fuel prices fall for the second week running
Next week fuel prices will fall again. So, if you can, wait until Monday to refuel your vehicle. Both diesel, the most widely used fuel in Portugal, and petrol are expected to be three euro cents cheaper, according to ACP data. Reductions that help to mitigate the impact of the change ...
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.
NOS will increase prices for some services in 2026
Meo and Vodafone Portugal will also raise prices in 2026 according to the stipulated contractual conditions.
Bread and pastries to see "slight increase" in price in 2026
The industry association anticipates a price increase for bread and pastries, despite optimistic outlooks for 2026, due to stability in international markets for flour, energy, and logistics.
Bread and pastries to see a "slight increase" in price in 2026 mainly due to eggs
Bread and pastry products are expected to experience a “slight increase” in price next year, influenced by labour revisions and rising costs of eggs, nuts, and cardboard, as reported by ACIP to Lusa.
Bread and pastries to see a "slight increase" in prices in 2026
Bread and pastry products are expected to experience a “slight increase” in price next year, influenced by labour revisions and rising costs of eggs, nuts, and cardboard, according to ACIP. "For 2026, ACIP's outlook is ...
Bread and pastries with a "slight increase" in price in 2026 mainly due to eggs
On January 1, 2025, a half dozen eggs cost 1.61 euros, but by November 19, the same box was already priced at 2.12 euros.
Inflation rate slows to 2.2% in November. Food prices explain the easing of inflation
The year-on-year inflation rate eased to 2.2% in November, 0.1 percentage points lower than the change in October, according to the quick estimate released this Friday by the National Institute of Statistics (INE). This marks the third consecutive month of relief in consumer prices, primarily attributed to the slowdown in inflation for food products.
