Portugal Retail Sales Up 3% YoY

Retail sales in Portugal increased 3% year-on-year in June 2026, following a downwardly revised 2.8% gain in May. Strong increases were recorded for household goods (7.5% vs 10.8%); textiles, clothing and footwear (8.1% vs 11%); computers, telecommunication equipment and books (4.2% vs 0.9%); pharmaceutical products and cosmetics (5.2% vs 5.7%) and for online and mail sales (17.1% vs 10.3%). Excluding fuel, retail sales increased 3.8%, compared to a 4.4% gain in May. Compared to the previous month, retail sales jumped 1.7%, rebounding from a 0.2% fall in May.

Portugal's retail sales rose 3.2% year-on-year in May 2026, slowing from an upwardly revised 5.2% increase in April and marking a third consecutive month of weaker growth. Sales of food products rose 1.6%, slightly below the 1.8% gain in the previous month. Non-food sales also slowed to 4.3% from 7.6%, reflecting a sharper decline in fuel sales (-9.7% vs -2.4%) and softer growth in household goods (12.2% vs 13.1%), textiles (11.3% vs 14.2%), pharmaceutical products and cosmetics (6.5% vs 7.1%), and computers, telecommunications equipment and books (1.8% vs 7.8%). On a monthly basis, retail sales rebounded 0.3% in May after falling 0.7% in April.

Retail sales in Portugal increased 4.9% year-on-year in April 2026, easing from an upwardly revised 6% rise in March. Also, wholesale trade growth decelerated to 1.5% from 4.4%. In contrast, the trade, maintenance, and repair of motor vehicles sector strengthened, with growth accelerating to 12.2% from 9.2% in March. On a monthly basis, retail sales fell 0.7%, reversing part of the 2.3% increase recorded in March. Meanwhile, employment increased by 0.7% year-on-year in April, while wages rose 6.1% and hours worked increased 1.9%.