Financial News: Portugal Q4 GDP Growth Eases As Estimated; Inflation

Portugal Q4 GDP Growth Eases As Estimated; Inflation Rises In February

02/27/2026 - 08:35:00 (RTTNews)

(RTTNews) - Portugal's economic growth moderated as initially estimated in the fourth quarter, while flash consumer price inflation accelerated in February, separate reports from Statistics Portugal showed on Friday.

Gross domestic product advanced 1.9 percent year-on-year in the fourth quarter, slower than the 2.2 percent rise in the third quarter. That was in line with the flash data published earlier.

The negative contribution of net external demand to the annual growth rate of GDP was less pronounced in the fourth quarter, with the slowdown in imports of goods and services more than offsetting the decrease in exports of goods and services, the agency said.

Meanwhile, the growth in domestic demand eased to 2.9 percent from 3.7 percent. Final consumption expenditure grew at a slower pace of 2.6 percent versus 3.4 percent in the third quarter. Similarly, the annual expansion in gross capital formation eased to 4.1 percent from 4.3 percent.

On a quarterly basis, the economy grew 0.9 percent in the December quarter, as estimated, following a 0.6 percent increase in the third quarter.

Consumer price inflation in Portugal rose to 2.1 percent in February from 1.9 percent in January, flash data showed. Energy prices declined at a stable rate of 2.2 percent, while inflation based on unprocessed food items accelerated to 6.6 percent from 5.8 percent.

On a monthly basis, consumer prices edged up 0.1 percent after falling 0.7 percent in January.

The EU measure of inflation was 2.1 percent in February versus 1.9 percent a month ago.

The final CPI result for the month of February is set to be published on March 11.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Leading Economic Index Edges Modestly Lower In January (03 hr(s), 58 min(s), 43 sec(s) ago)
(RTTNews) - A report released by the Conference Board on Thursday showed a modest decrease by its ...Full Story»

U.S. Wholesale Inventories Unexpectedly Fall 0.5% In January (04 hr(s), 03 min(s), 43 sec(s) ago)
(RTTNews) - Wholesale inventories in the U.S. unexpectedly decreased in the month of January, acco ...Full Story»

U.S. New Home Sales Plunge To Three-Year Low In January (04 hr(s), 37 min(s), 43 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Thursday showed a much steeper-than-ex ...Full Story»

Philly Fed Index Unexpectedly Climbs To Six-Month High In March (05 hr(s), 05 min(s), 43 sec(s) ago)
(RTTNews) - Manufacturing activity in the Philadelphia region continued to expand in the month of ...Full Story»

U.S. Initial Jobless Claims Unexpectedly Dip To Two-Month Low (05 hr(s), 09 min(s), 43 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing an unexpected dip in first- ...Full Story»

Bank Of England Stands Pat On Rate (06 hr(s), 23 min(s), 43 sec(s) ago)
(RTTNews) - The Bank of England maintained its interest rate but raised market expectations for a ...Full Story»

Philly Fed Index Unexpectedly Increases In March (06 hr(s), 35 min(s), 43 sec(s) ago)
(RTTNews) - Manufacturing activity in the Philadelphia region continued to expand in the month of ...Full Story»

U.S. Weekly Initial Jobless Claims Dip To 205,000 (06 hr(s), 40 min(s), 43 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing an unexpected dip in first- ...Full Story»