The month of December witnessed a subtle but significant shift in Portugal's inflation trajectory, as the country's Consumer Price Index (CPI) turned positive, marking a rise to 0.1%. This development follows a period of deflation, with the index having recorded a decline of -0.3% in November. The data, updated on the 31st of December 2025, marks a notable change in the economic landscape over the month.
This month-over-month comparison indicates a slight upward adjustment in prices as Portugal steps out from a deflationary shadow. While a meager 0.4 percentage point increase might seem modest, it signifies a resilience in the economic framework as the country navigates through fluctuating economic tides.
Economists and market analysts are closely scrutinizing these figures, as such indicators are crucial in determining monetary policy and forecasting economic health. As Portugal inches towards stable inflation, stakeholders are hopeful that this will herald a period of economic stability and growth.