FX.co ★ Portugal’s Inflation Momentum Cools Further as June CPI Slips to 0.1% MoM

Portugal’s consumer price inflation eased in June 2026, with the month‑over‑month Consumer Price Index (CPI) rising just 0.1%, down from 0.2% in May 2026. The latest reading, updated on 30 June 2026, signals a further slowdown in short-term price pressures in the Portuguese economy.

On a month‑over‑month basis, the “actual” June figure compares the price change in June to May, while the “previous” 0.2% print reflected May’s change relative to April. The step down from 0.2% to 0.1% suggests that price growth is losing momentum heading into the summer period, a development that may ease pressure on households and could influence expectations around the inflation path going forward.