FX.co ★ Portugal’s Monthly Inflation Nearly Stalls as October CPI Slows to 0.2%

Portugal’s consumer price inflation eased sharply in October, with the month-over-month CPI rising just 0.2%, down from 1.2% in the previous month. Both the current and prior readings refer to October 2026, highlighting a marked deceleration in price momentum within a short span.

On a month-over-month basis, the “actual” figure compares October’s price changes to those of September, while the earlier “previous” reading reflected the change in September relative to August. The latest data, updated on 11 November 2026, indicate that price pressures in Portugal have cooled significantly, suggesting a moderation in short-term inflation dynamics compared with the strong uptick seen in the prior month.