Financial News: Portugal Inflation Confirmed At 2.3%

Portugal Inflation Confirmed At 2.3%

06/12/2025 - 10:03:00 (RTTNews)

(RTTNews) - Portugal's consumer price inflation increased slightly as initially estimated in May to the highest level in three months, the latest data from Statistics Portugal showed on Thursday.

Consumer price inflation in Portugal rose to 2.3 percent in May from 2.1 percent in April, as estimated.

The annual price growth in food and non-alcoholic beverages accelerated to 2.55 percent from 1.60 percent, and prices for energy products rebounded 0.1 percent. Meanwhile, inflation based on utilities eased to 4.16 percent from 4.43 percent.

On a monthly basis, consumer prices moved up 0.3 percent after rising 0.7 percent in April. In the flash estimate, the rate of increase was 0.4 percent.

The EU measure of inflation moderated to 1.7 percent in May from 2.1 percent in April, as estimated.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Reaches Five-Month High In July (19 min(s), 25 sec(s) ago)
(RTTNews) - After reporting a substantial rebound by U.S. consumer sentiment in the previous month ...Full Story»

U.S. Housing Starts Rebound More Than Expected In June (20 min(s), 25 sec(s) ago)
(RTTNews) - New residential construction in the U.S. rebounded by more than expected in the month ...Full Story»

U.S. Housing Starts Surge 4.6% In June, More Than Expected (14 min(s), 25 sec(s) ago)
(RTTNews) - New residential construction in the U.S. rebounded by more than expected in the month ...Full Story»

Italy Current Account Surplus Grows In May (01 hr(s), 48 min(s), 35 sec(s) ago)
(RTTNews) - Italy's current account surplus increased in May from the previous year, the Bank ...Full Story»

Eurozone Construction Output Falls 1.7% (02 hr(s), 09 min(s), 35 sec(s) ago)
(RTTNews) - Eurozone construction output declined at the fastest pace in nearly two-and-a-half yea ...Full Story»

Eurozone Current Account Surplus Surges (02 hr(s), 23 min(s), 35 sec(s) ago)
(RTTNews) - The euro area current account surplus increased sharply in May largely due to the rise ...Full Story»

Italy Construction Output Falls 1.4% (04 hr(s), 05 min(s), 35 sec(s) ago)
(RTTNews) - Italy's construction output decreased in May after recovering in the previous mont ...Full Story»

Malaysia GDP Growth Improves In Q2 (04 hr(s), 46 min(s), 35 sec(s) ago)
(RTTNews) - Malaysia's economic growth improved in the second quarter driven by strong domesti ...Full Story»