In its June Economic Bulletin, the Bank of Portugal held its 2026 growth forecast at 1.8%, two-tenths below the 2% the government's budget assumes. Public finances stay healthy — a 0.2% deficit — but inflation above 3% and the closing recovery-fund window make the optimists' number harder to hit.
Mercadona opened its 73rd Portuguese store in Sintra on 30 June, but for the first time since its 2019 debut the Spanish chain is losing market share, as Pingo Doce and Lidl gain and Continente extends its lead from 26.6% to 27.5%. The grocery price war is far from over.
Portugal gained roughly 6,000 new dollar millionaires in 2025, lifting the total near 181,000, the UBS Global Wealth Report 2026 shows. Yet median wealth per adult fell 5.4% in real terms to $76,978. With 63% of wealthy portfolios tied up in property, the gains are pooling at the top while the typic
Tuesday, 30 June 2026. Euronext Lisbon closed the first half of the year on the back foot, slipping for a second straight session as construction and pulp names dragged. Below, where the
Variable-rate borrowers in Portugal face higher payments in July even though the Euribor appears to have peaked, because contracts reset on a lag. On a typical €150,000 loan, monthly instalments rise up to €60 for annual-reset mortgages. About half of primary-residence loans are variable-rate.
The Prestacao Social Unica would merge 13 low-income supports — including the RSI minimum income and social pensions — into one means-tested benefit, with a contested work requirement and a still-blank payment value. Portugal must enact it by late summer or risk losing about €500 million in EU recov
Portugal's headline inflation eased to 3.2% in June from 3.3% in May, INE's flash estimate shows. But core inflation rose to 2.5%, energy stayed 9% higher and fresh food ran at 5.2% — a sign price pressure is becoming entrenched rather than fading. Final data lands on 10 July.
