FX.co ★ Portugal Inflation Rate at 7-Month Low

In March 2025, Portugal's annual inflation rate declined for the third consecutive month, reaching 1.9%—a threshold not seen since August 2024. This is a decrease from February's rate of 2.4%, according to preliminary estimates. The stagnation in energy prices, which had previously increased by 1.5%, contributed to the decline. Additionally, the cost of processed food products saw a reduction, recording a 0.9% increase compared to the previous 1.3%. Conversely, unprocessed food prices rose more sharply, registering a 2.8% increase up from 2.4%. Meanwhile, the annual core inflation rate also decreased to 1.9% from 2.5%. Month on month, consumer prices saw a significant rise of 1.4%, marking the most substantial surge since March of the previous year, following a 0.1% decline in February.