FX.co ★ Portugal Inflation Rate Falls to 3-Month Low

In September 2025, Portugal experienced a decrease in its annual inflation rate, reaching a three-month low of 2.4%, down from 2.8% in August, as anticipated by preliminary estimates. A slowdown in price increases was observed in several sectors, including transport (1.9%, down from 2.1%), restaurants and hotels (6.2%, down from 7.7%), recreation and culture (1%, down from 2.8%), and health (3%, down from 3.1%). Price growth remained constant in specific areas, such as food and non-alcoholic beverages (4%), housing and utilities (2.2%), furniture and household equipment (0.2%), and education (3.4%). However, there was an uptick in prices for miscellaneous goods and services (rising to 2.1% from 1.9%) and for alcoholic beverages and tobacco (increasing to 1.6% from 0.9%). On a month-to-month basis, consumer prices saw a rise of 0.9%, following a decline of 0.2% in August.