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31.10.202509:40:00UTC+00Portugal Inflation Rate Edges Lower

In October 2025, Portugal's annual inflation rate decreased to 2.3%, marking its lowest point in five months and slightly down from 2.4% in September, according to preliminary estimates. Notably, energy prices saw a decline, shifting to -1.2% from a positive 0.3% in September. Additionally, food inflation experienced a slowdown, dropping to 6.1% from 7.0%. On a monthly scale, the Consumer Price Index (CPI) remained static, following a 0.9% rise in September. When considering the EU-harmonised index, the annual inflation rate saw a slight increase to 2.0% from 1.9% the previous month, while the index itself declined by 0.3% month-over-month, after recording a 0.9% increase in September.

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