Portugal Retail Sales Growth Hits Three-Month High

Portugal’s retail sales growth accelerated to 3.0% year-on-year in July 2026, the strongest pace in three months and up from a revised 2.7% in June. The rise was broad-based, led by food, beverages, and tobacco (2.5% vs. 1.3% in June) and non-food items (3.3% vs. 3.7%), including computers, telecom equipment, books, and other products (1.4% vs. 3.1%), textiles, clothing, footwear, and leather goods (4.5% vs. 7.1%), and household goods (8.2% vs. 7.6%). On a monthly basis, retail sales were flat, after a downwardly revised 1.4% increase in June.

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.