Portugal's economy explained: GDP data, market trends, business developments, inflation, real estate, and economic policy. Analysis of how economic trends affect daily life and expat finances.
Saturday's PSI remuneration-report analysis puts CEO pay at the 15 largest Lisbon-listed companies at 53× the average worker salary. Pedro Soares dos Santos tops the table at €5M gross — equivalent to 223 annual median wages — as the combined executive pool clears €23 million.
Two prints from the same statistical office, one day apart, frame an awkward question for the Banco de Portugal. On Thursday 14 May the Q1 2026 Quarterly Labour Force Survey recorded 38,700 net job losses in three months and pushed unemployment to...
The latest Portugal news, analysis, and what it means for expats and residents.
AICCOPN's March 2026 cement-consumption reading rebounds 26% year-on-year, closing Q1 at +2.2% after a volatile January-February. Construction credit stock at €7.2 billion (+11.2%), public tenders down 26% to €1.98 billion, municipal licensing -18.7%.
Council of Ministers approved Thursday a diploma that strips the seven-working-day prior-approval gate for PPR and PRIIPs advertising. Insurers and banks move to a communicate-first notification regime; six-month message validity and supervisor ex-post powers survive.
INE's Q1 2026 tourism destaque puts hotel guests at 5.8 million (+1.5%) and overnight stays at 13.6 million (+1.3%). Total accommodation revenue tops €1 billion (+5.5%), rooms alone €734.5 million (+5.1%). Non-residents carry 68% of stays; Madeira leans on foreign demand for 85.9%.
INE's Q1 2026 earnings destaque puts gross monthly average at €1,611, a 5.0% nominal lift and a 2.7% real-terms gain after the CPI deflator. Agriculture leads the sector table at 10.0%, high-tech manufacturing at 7.2%, and firms with 10–19 employees post the steepest 6.0%.
