Financial News: Portugal Inflation Eases To 3.0% In July

Portugal Inflation Eases To 3.0% In July

07/31/2026 - 11:01:00 (RTTNews)

(RTTNews) - Portugal's consumer price inflation eased further in July to the lowest level in four months, flash data from Statistics Portugal showed on Friday.

The consumer price index rose 3.0 percent annually in July, slower than the 3.2 percent increase in June.

The annual price growth in energy products softened to 8.7 percent in July from 9.1 percent a month ago. Similarly, inflation based on unprocessed food decreased to 3.7 percent from 5.1 percent.

Excluding energy and unprocessed food, core inflation rose slightly from 2.5 percent in June to 2.6 percent in July.

On a monthly basis, consumer prices dropped 0.5 percent, reversing a 0.1 percent increase in June.

The EU measure of inflation, the harmonized index of consumer prices, rose at a stable pace of 3.1 percent annually in July.

Separate official data showed that the decline in industrial production eased to 0.7 percent in June from 1.6 percent in May. This was the second successive monthly fall. The manufacturing industry continued to contract by 1.7 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Business Inventories Unexpectedly Unchanged In June (02 hr(s), 14 min(s), 30 sec(s) ago)
(RTTNews) - With a decrease in retail inventories offsetting increases in manufacturing and wholes ...Full Story»

U.S. Consumer Sentiment Slumps Much More Than Expected In August (02 hr(s), 32 min(s), 30 sec(s) ago)
(RTTNews) - Preliminary data released by the University of Michigan on Friday showed consumer sent ...Full Story»

U.S. Retail Sales Unexpectedly Decrease For First Time In Nine Months (03 hr(s), 24 min(s), 30 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed an unexpected decline in ...Full Story»

Estonia Jobless Rate Falls To 6.6% In Q2 (03 hr(s), 42 min(s), 30 sec(s) ago)
(RTTNews) - Estonia's unemployment rate decreased in the second quarter, figures from Statisti ...Full Story»

Cyprus Q2 GDP Growth Improves To 3.3% (04 hr(s), 01 min(s), 30 sec(s) ago)
(RTTNews) - Cyprus' economic growth rate rebounded somewhat in the second quarter, preliminary ...Full Story»

U.S. Retail Sales Unexpectedly Fall 0.6% In July (04 hr(s), 14 min(s), 30 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed an unexpected decline in ...Full Story»

Croatia Inflation Confirmed At 5-month Low (04 hr(s), 34 min(s), 30 sec(s) ago)
(RTTNews) - Croatia's consumer price inflation moderated further in July to the lowest level i ...Full Story»

French Inflation Rises As Estimated (05 hr(s), 10 min(s), 30 sec(s) ago)
(RTTNews) - French inflation accelerated in July due to higher prices of energy and services, fina ...Full Story»