Portugal Inflation Rate Falls to 7-Month Low

2025-12-12 11:15 By Agna Gabriel 1 min. read

The annual inflation rate in Portugal fell to 2.2% in November 2025, the lowest in seven months, from 2.3% in October, in line with preliminary estimates.

Prices eased for housing & utilities (1.4% vs 1.8%), restaurants & hotels (5.2% vs 5.6%), miscellaneous goods & services (2.9% vs 3.3%), recreation & culture (1.4% vs 1.5%), furnishings & household equipment (0.1% vs 0.4%) and alcoholic beverages & tobacco (1.8% vs 1.9%).

Also, cost fell faster for clothing & footwear (-1.8% vs -1.3%) and communications (-4% vs -3.7%).

Meanwhile, inflation was steady for food and non-alcoholic beverages (at 3.5%), health (at 2.9%) and education (at 4.3%).

On the other hand, prices accelerated for transport (1.9% vs 1.8%).

The annual core inflation rate, which excludes energy and unprocessed food, fell to 2.0% in November from 2.1%.

On a monthly basis, consumer prices decreased 0.3%, after being unchanged in October.



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