Portugal’s consumer price index (CPI) picked up in September 2026, rising 1.2% month-on-month after having shown no change in August, according to data updated on 30 September 2026. The move marks a clear break from the previous month’s stagnation, when the CPI registered a 0.0% change compared with July.
On a month-over-month basis, September’s reading indicates that price pressures have returned after a flat performance in August. The “actual” figure of 1.2% for September reflects the increase in prices compared with August, while the “previous” 0.0% figure shows that in August there was no net change in prices relative to July. This shift suggests a renewed momentum in consumer prices heading into the final quarter of the year.
