Portugal’s consumer price inflation remained unchanged in July, with the Consumer Price Index (CPI) holding at 3.0% year-on-year, according to data updated on 12 August 2026. The July reading matches the previous indicator, which also stood at 3.0% on a year-over-year basis.
The figures indicate that price pressures in Portugal have stabilised compared with the same month a year earlier. Both the current and previous readings reflect changes in prices relative to July of the prior year, suggesting that, at least for now, inflation is neither accelerating nor decelerating on an annual basis. For policymakers and investors, the steady 3.0% level may be interpreted as a sign of short-term price stability in the Portuguese economy.\/body
