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Economy

Economy

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.

Ibersol Pays €5.97 Million for a 75% Stake in Ten Galicia KFC Restaurants — Lisbon-Listed Operator Closes Gallaecia Buy-Out at a €9.6 Million Valuation, Iberian-and-Angolan Network Now 562 Units

Ibersol Pays €5.97 Million for a 75% Stake in Ten Galicia KFC Restaurants — Lisbon-Listed Operator Closes Gallaecia Buy-Out at a €9.6 Million Valuation, Iberian-and-Angolan Network Now 562 Units

Ibersol completed the buy-out of Gallaecia's KFC franchise in Galicia on 27 March 2026, paying €5.97 million for the remaining 75% of six companies running ten KFC restaurants. The deal values the group at €9.6 million. Lisbon-listed Ibersol now runs 562 units across Portugal, Spain and Angola.
The Portugal Brief
INE Confirms April Inflation at 3.3% Year-on-Year on Wednesday 13 May — Energy Climbs to 11.7% on Brent-and-Hormuz Pass-Through, Unprocessed Food at 7.4%, Core Print Lifts to 2.2% as the Headline Sits 0.3 Points Above the Eurozone Average

INE Confirms April Inflation at 3.3% Year-on-Year on Wednesday 13 May — Energy Climbs to 11.7% on Brent-and-Hormuz Pass-Through, Unprocessed Food at 7.4%, Core Print Lifts to 2.2% as the Headline Sits 0.3 Points Above the Eurozone Average

INE confirmed April inflation at 3.3% YoY on Wednesday — revised down 0.1 point from the flash estimate but still 0.6 points above March. Energy climbed to 11.7%, unprocessed food to 7.4%, and core inflation lifted to 2.2%. Portugal's headline now sits 0.3 points above the eurozone.
The Portugal Brief
Banco de Portugal's 2025 Behavioural Supervision Report Walks Banks Into €8.91 Million of Customer Refunds — €8.24 Million in Indevidas Commissions, 3,298 Specific Determinations and 52 Contraordenação Proposals Across the Inspection Tape

Banco de Portugal's 2025 Behavioural Supervision Report Walks Banks Into €8.91 Million of Customer Refunds — €8.24 Million in Indevidas Commissions, 3,298 Specific Determinations and 52 Contraordenação Proposals Across the Inspection Tape

Banco de Portugal's 2025 Behavioural Supervision Report — the annual file from Avenida Almirante Reis that aggregates every consumer-protection inspection, mystery-shopper visit and complaint-driven enforcement action the supervisor ran against the...
The Portugal Brief