In a surprising economic shift, Portugal's Consumer Price Index (CPI) dipped into negative territory in November 2025, marking a rate of -0.3%. This follows a stagnant reading of 0.0% in October 2025, according to freshly released data updated on November 28, 2025. This month-over-month index tracks changes from one month to the next, illustrating a notable drop from the previous month.
This decline indicates that Portugal is experiencing deflationary pressure, a shift from the previous month's halt at the equilibrium line. The negative inflation rate could signal softening consumer demand or lower costs in goods and services, posing questions for policymakers and financial analysts on the potential need for intervention.
The decrease in CPI reflects broader economic trends that may have significant implications for the Portuguese economy, affecting consumer purchasing power, business pricing policies, and potentially influencing monetary policy in future months.
