Portugal’s consumer price index (CPI) posted a flat reading in August 2026, marking a 0.0% month‑over‑month change and signaling a pause in price declines after a brief period of deflationary pressure.
According to the latest data updated on 10 September 2026, the August figure compares with a -0.5% month‑over‑month drop in the previous reading. That earlier indicator, also for August 2026, had shown prices falling versus the prior month, while the latest update now points to a stabilization in consumer prices on a month‑to‑month basis.
The month‑over‑month comparison assesses how prices changed in August relative to the preceding month, while the prior figure reflected how prices in the earlier period compared to its previous month. The shift from a -0.5% decline to a flat 0.0% reading suggests that, at least for now, downward momentum in Portuguese consumer prices has halted.