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Monday, 9 November 2026English edition
The Geopolitician

Country risk, from the local press

Portugal · Story · Markets

Portugal's inflation rate increases to 3.8%

Portugal's inflation rate rose to 3.8% in October, following a 3.6% rate in September, driven by surging energy prices.

Running story — the local press covered it again on 30 October 2026.

The story so far as of 30 October 2026

On October 13, 2026, INE confirmed that Portugal's inflation reached 3.6% in September, the highest since August 2023, primarily due to a 15% rise in energy prices. On October 30, inflation further increased to 3.8% in October, driven by a 17% increase in energy prices, marking the highest level since May 2023, according to preliminary data from INE.

Flare-up watch: Calm (−0.3) · How this is judged → · All Portugal briefings →

Coverage, day by day

  1. Markets

    Inflation in Portugal rises to 3.8% in October

    Impact Retailers and energy companies in Portugal face higher operational costs, potentially affecting pricing strategies and consumer spending.

    Sources: Observador ↗, Público ↗

  2. Markets

    INE confirms Portugal's inflation at 3.6% in September

    Impact Retailers and energy providers face increased costs as inflation rises to 3.6%.

    Sources: RTP ↗, Observador ↗

Sources in this story

Sources: each headline links to the original article on the publisher's site.

Other running stories in Portugal

All stories → · All Portugal briefings →