Financial News: Portugal Inflation Confirmed At 3.2%

Portugal Inflation Confirmed At 3.2%

07/10/2026 - 09:04:00 (RTTNews)

(RTTNews) - Portugal's consumer price inflation moderated slightly in June amid a reduction in fuel prices, as estimated initially, the latest report from Statistics Portugal showed on Friday.

The consumer price index rose 3.2 percent annually in June, slower than the 3.3 percent increase in May. That was in line with the flash data published on June 30.

The annual price growth in energy products moderated to 9.1 percent from 13.1 percent, reflecting the reduction in fuel prices. Inflation based on unprocessed food also softened to 5.1 percent from 5.7 percent.

Excluding energy and unprocessed food products, core inflation accelerated to 2.5 percent from 2.2 percent, as estimated.

On a monthly basis, consumer prices edged up 0.1 percent in June. .

The EU measure of inflation, the harmonized index of consumer prices, climbed at a stable pace of 3.1 percent annually in June, confirming the preliminary data.

Separate official data showed that Portugal's trade deficit narrowed to EUR 2.8 billion in May from EUR 3.3 billion a year ago as exports grew 5.1 percent annually amid a 1.6 percent fall in imports.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Economic Growth Unexpectedly Slows To 1.5% In Q2 (01 hr(s), 19 min(s), 47 sec(s) ago)
(RTTNews) - U.S. economic growth unexpectedly slowed in the second quarter of 2026, according to a ...Full Story»

Italy Producer Price Inflation Eases To 5.8% (01 hr(s), 35 min(s), 47 sec(s) ago)
(RTTNews) - Italy's producer price inflation moderated in June to the lowest level in three mo ...Full Story»

U.S. Consumer Prices Edge Down 0.1% In June, In Line With Estimates (01 hr(s), 42 min(s), 47 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Thursday showed a modest pullback in U ...Full Story»

Portugal Q2 GDP Growth Improves To 2.5%; Consumer Confidence Rises (01 hr(s), 53 min(s), 47 sec(s) ago)
(RTTNews) - Portugal's economy expanded at a slightly faster pace in the second quarter on t ...Full Story»

U.S. Weekly Jobless Claims Rebound Slightly Less Than Expected (02 hr(s), 12 min(s), 47 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing a modest rebound in first-t ...Full Story»

Bank Of England Holds Key Rate In 6-3 MPC Split (02 hr(s), 33 min(s), 47 sec(s) ago)
(RTTNews) - The Bank of England maintained its interest rate in a split vote as renewed tensions i ...Full Story»

Hungarian GDP Maintains 1.7% Growth In Q2 (03 hr(s), 14 min(s), 47 sec(s) ago)
(RTTNews) - Hungary's economy expanded at a stable pace in the second quarter, preliminary d ...Full Story»

Austrian Economy Stagnates In Q2 (03 hr(s), 44 min(s), 47 sec(s) ago)
(RTTNews) - The Austrian economy stalled in the second quarter as higher oil prices halted the e ...Full Story»