FX.co ★ Portugal’s April Inflation Cools to 1.4%, Easing from March’s 2.0% Pace

Portugal’s consumer price inflation eased in April 2026, with the month-over-month change in the Consumer Price Index (CPI) slowing to 1.4%, down from 2.0% in March 2026. The latest data, updated on 30 April 2026, point to a moderation in price pressures after a relatively stronger monthly rise in the previous period.

The current reading compares the change in prices in April to March, while the previous figure reflected the change in March relative to February. The step down from 2.0% to 1.4% suggests that, although prices are still rising on a monthly basis, the pace of increase has cooled, potentially easing some immediate inflation concerns for households and policymakers.

The softer April print may be closely watched by financial markets and economic analysts as they assess the trajectory of inflation in Portugal and the potential implications for monetary policy and consumer purchasing power in the months ahead.